£218,631
This estimated value is based upon the latest sale price for the house of £50,000 on 18 May 1999. 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 |
|---|---|
| £50,000 | 18 May 1999 |
| Terraced |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 May 1999 the House Price Index for LUTON was 33.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 337.263%.Applying this 337.263% change to the original purchase price of £50,000 results in an estimated price of approximately £218,631.
| 18 May 1999 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.5 | 146.7 | 337.263 % | £50,000 | £168,631 | £218,631 |
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 | 353.178 % | £176,589 | £226,589 |
| 3 Month Average | 364.754 % | £182,377 | £232,377 |
| 6 Month Average | 416.092 % | £208,045 | £258,045 |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 23 Oct 2015.
The average size of a house on LEAGRAVE ROAD is 98 sq meters (1,064 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Dane Road |
| Mar 2024 | Public order | Under investigation | On or near Dane Road |
| Mar 2024 | Anti-social behaviour | On or near Dane Road | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dane Road |
| Jan 2024 | Other crime | Under investigation | On or near Dane Road |