£132,074
This estimated value is based upon the latest sale price for the house of £101,000 on 3 Oct 2016. 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 |
---|---|
£101,000 | 3 Oct 2016 |
£85,000 | 16 Mar 2007 |
£69,000 | 19 Dec 2002 |
£50,000 | 31 Jan 2002 |
£26,500 | 19 Oct 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 43 sq meters or 462 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 October 2016 the House Price Index for LUTON was 112.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 30.767%.Applying this 30.767% change to the original purchase price of £101,000 results in an estimated price of approximately £132,074.
3 Oct 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.2 | 146.7 | 30.767 % | £101,000 | £31,074 | £132,074 |
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 | 18.651 % | £18,837 | £119,837 |
3 Month Average | 27.084 % | £27,355 | £128,355 |
6 Month Average | 38.164 % | £38,546 | £139,546 |
This house has a floor area of 43 sq meters or 462 sq feet when measured on 14 Jan 2020.
The average size of a house on THE RIDINGS is 53 sq meters (571 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Ridings |
Feb 2024 | Drugs | Under investigation | On or near The Ridings |
Feb 2024 | Other crime | Under investigation | On or near The Ridings |
Feb 2024 | Possession of weapons | Under investigation | On or near The Ridings |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Ridings |