£281,024
This estimated value is based upon the latest sale price for the house of £110,000 on 17 Dec 2002. 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 |
|---|---|
| £110,000 | 17 Dec 2002 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 2002 the House Price Index for LUTON was 58.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 155.477%.Applying this 155.477% change to the original purchase price of £110,000 results in an estimated price of approximately £281,024.
| 17 Dec 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 58.6 | 149.7 | 155.477 % | £110,000 | £171,024 | £281,024 |
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 | 140.255 % | £154,280 | £264,280 |
| 3 Month Average | 168.544 % | £185,398 | £295,398 |
| 6 Month Average | 179.422 % | £197,364 | £307,364 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Mar 2024 | £411,320 | £405,000 | FLAT 1 61 LEAGRAVE ROAD |
| 27 Nov 2023 | £225,121 | £219,407 | 32 LEAGRAVE ROAD |
| 2 Feb 2023 | £176,177 | £175,000 | 59 ASH ROAD |
| 25 Jul 2022 | £212,126 | £210,000 | 64 BEECH ROAD |
| 22 Oct 2021 | £429,147 | £385,000 | 225 DUNSTABLE ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 19 Jan 2019. Using an estimated price of £281,025 means this house is valued at £3,849 per sq meter (£357 per sq foot).
The average size of a house on DUNSTABLE ROAD is 88 sq meters (949 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Birch Link | |
| Aug 2024 | Possession of weapons | Under investigation | On or near Birch Link |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |