£357,261
This estimated value is based upon the latest sale price for the house of £291,500 on 23 Aug 2019. This value is then adjusted by the current Official House Price Index for LUTON 1
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Rodeheath, Luton, LU4 9XA
Phone: 02030071910
| Price Paid | Date |
|---|---|
| £291,500 | 23 Aug 2019 |
| Detached |
| 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 August 2019 the House Price Index for LUTON was 120.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.560%.Applying this 22.560% change to the original purchase price of £291,500 results in an estimated price of approximately £357,261.
| 23 Aug 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.0 | 22.560 % | £291,500 | £65,761 | £357,261 |
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 | 29.196 % | £85,105 | £376,605 |
| 3 Month Average | 28.311 % | £82,525 | £374,025 |
| 6 Month Average | 30.202 % | £88,038 | £379,538 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £401,356 | £400,000 | 22 HOMEDALE DRIVE |
| 11 Aug 2023 | £140,857 | £140,000 | 55 SIMPSON CLOSE |
| 20 Jul 2023 | £348,295 | £345,000 | 80 STONEYGATE ROAD |
| 29 Jun 2023 | £413,352 | £410,000 | 71 STONEYGATE ROAD |
| 21 Mar 2023 | £137,745 | £137,000 | 45 SIMPSON CLOSE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 15 May 2018. Using an estimated price of £357,261 means this house is valued at £4,106 per sq meter (£381 per sq foot).
The average size of a house on WELLGATE ROAD is 121 sq meters (1,308 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Challney Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Challney Close |
| Mar 2024 | Public order | Action to be taken by another organisation | On or near Challney Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Challney Close |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Challney Close |