£109,241
This estimated value is based upon the latest sale price for the house of £24,500 on 16 Apr 1999. This value is then adjusted by the current Official House Price Index for LUTON 1
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121 Dunstable Road, Luton, LU1 1BW
Phone: 01582936638
Price Paid | Date |
---|---|
£24,500 | 16 Apr 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 94 sq meters or 1,011 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 April 1999 the House Price Index for LUTON was 33.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 345.883%.Applying this 345.883% change to the original purchase price of £24,500 results in an estimated price of approximately £109,241.
16 Apr 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
33.3 | 148.6 | 345.883 % | £24,500 | £84,741 | £109,241 |
The Postcode Pricing Model uses changes in average sales price within the LU1 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 | 598.057 % | £146,523 | £171,023 |
3 Month Average | 302.129 % | £74,021 | £98,521 |
6 Month Average | 320.555 % | £78,535 | £103,035 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Nov 2023 | £69,022 | £68,000 | FLAT 11 BENTLEY COURT MOOR STREET |
9 Apr 2021 | £24,842 | £22,000 | 157A DUNSTABLE ROAD |
17 Jul 2020 | £356,715 | £295,000 | 38 AVONDALE ROAD |
25 Mar 2020 | £57,211 | £47,500 | 181 DUNSTABLE ROAD |
3 Jan 2020 | £149,415 | £122,500 | 4 AVON COURT AVONDALE ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 17 Jul 2019. Using an estimated price of £109,241 means this house is valued at £1,162 per sq meter (£107 per sq foot).
The average size of a house on DUNSTABLE ROAD is 90 sq meters (968 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Shopping Area |