£228,203
This estimated value is based upon the latest sale price for the house of £213,000 on 15 Dec 2021. This value is then adjusted by the current Official House Price Index for LUTON 1
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9 Bedford Square, Houghton Regis, LU5 5ES
Phone: 01582955821
| Price Paid | Date |
|---|---|
| £213,000 | 15 Dec 2021 |
| £66,000 | 28 Jul 2000 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 sq feet |
This model uses changes in the Official Land Registry House Price Index for LUTON to estimate the market value.
When this house was purchased in December 2021 the House Price Index for LUTON was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £213,000 results in an estimated price of approximately £228,203.
| 15 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.6 | 7.138 % | £213,000 | £15,203 | £228,203 |
The Postcode Pricing Model uses changes in average sales price within the LU4 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 22.656 % | £48,256 | £261,256 |
| 3 Month Average | 2.414 % | £5,141 | £218,141 |
| 6 Month Average | 14.131 % | £30,098 | £243,098 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £329,434 | £325,000 | 58 MARLIN ROAD |
| 31 Mar 2023 | £394,113 | £390,400 | 60 REGIS ROAD |
| 17 Mar 2023 | £348,281 | £345,000 | 135 WHEATFIELD ROAD |
| 7 Mar 2023 | £245,311 | £243,000 | 3 BINDER COURT |
| 28 Feb 2023 | £294,802 | £295,000 | 145 WHEATFIELD ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 29 Jun 2021. Using an estimated price of £228,203 means this house is valued at £2,623 per sq meter (£243 per sq foot).
The average size of a house on BINDER CLOSE is 99 sq meters (1,074 sq feet).
This house is the largest in the street with a floor area of 87 sq meters (936 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Plough Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Regis Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Landrace Road |
| Mar 2024 | Anti-social behaviour | On or near A5505 | |
| Mar 2024 | Anti-social behaviour | On or near A5505 |