£155,997
This estimated value is based upon the latest sale price for the house of £28,000 on 29 Mar 1996. This value is then adjusted by the current Official House Price Index for LUTON 1
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243b Dunstable Road, Luton, LU4 8BW
Phone: 01582936762
| Price Paid | Date |
|---|---|
| £28,000 | 29 Mar 1996 |
| Terraced |
| Freehold |
| Floor Area: 53 sq meters or 570 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 March 1996 the House Price Index for LUTON was 26.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 457.133%.Applying this 457.133% change to the original purchase price of £28,000 results in an estimated price of approximately £155,997.
| 29 Mar 1996 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.3 | 146.7 | 457.133 % | £28,000 | £127,997 | £155,997 |
The Postcode Pricing Model uses changes in average sales price within the LU3 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 | 617.131 % | £172,796 | £200,796 |
| 3 Month Average | 512.520 % | £143,505 | £171,505 |
| 6 Month Average | 556.960 % | £155,948 | £183,948 |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 29 May 2014.
The average size of a house on DORRINGTON CLOSE is 61 sq meters (657 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Dorrington Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coyney Green |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petunia Court |
| Mar 2024 | Burglary | Unable to prosecute suspect | On or near Petunia Court |
| Jan 2024 | Burglary | Unable to prosecute suspect | On or near Petunia Court |