£312,969
This estimated value is based upon the latest sale price for the house of £230,000 on 31 Mar 2016. This value is then adjusted by the current Official House Price Index for LUTON 1
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Unit 7 Bennett house, Chaul End, Luton, LU4 8EZ
Phone: 01582955437
| Price Paid | Date |
|---|---|
| £230,000 | 31 Mar 2016 |
| £155,000 | 21 Jan 2004 |
| £39,000 | 13 Nov 1996 |
| Terraced |
| Freehold |
| Floor Area: 123 sq meters or 1,323 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 2016 the House Price Index for LUTON was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £230,000 results in an estimated price of approximately £312,969.
| 31 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £230,000 | £82,969 | £312,969 |
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 | 43.694 % | £100,495 | £330,495 |
| 3 Month Average | 53.020 % | £121,945 | £351,945 |
| 6 Month Average | 56.227 % | £129,321 | £359,321 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jun 2023 | £229,601 | £225,000 | 5 THORNHILL PLACE |
| 24 Nov 2022 | £263,767 | £265,000 | 2 THORNHILL PLACE |
| 13 Jun 2022 | £296,334 | £290,000 | 35 THORNHILL ROAD |
| 25 Mar 2022 | £240,105 | £230,000 | 215 CONNAUGHT ROAD |
| 15 Dec 2021 | £366,965 | £340,000 | 229 CONNAUGHT ROAD |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 25 Jan 2016. Using an estimated price of £312,969 means this house is valued at £2,544 per sq meter (£236 per sq foot).
The average size of a house on CONNAUGHT ROAD is 81 sq meters (882 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Under investigation | On or near Shopping Area |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Shopping Area |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Shopping Area |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Shopping Area |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Shopping Area |