£386,147
This estimated value is based upon the latest sale price for the house of £114,000 on 12 Jul 2001. This value is then adjusted by the current Official House Price Index for BEDFORDSHIRE 1
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Rodeheath, Luton, LU4 9XA
Phone: 02030071910
| Price Paid | Date |
|---|---|
| £114,000 | 12 Jul 2001 |
| £84,000 | 25 Mar 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 sq feet |
This model uses changes in the Official Land Registry House Price Index for BEDFORDSHIRE to estimate the market value.
When this house was purchased in July 2001 the House Price Index for BEDFORDSHIRE was 44.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 238.726%.Applying this 238.726% change to the original purchase price of £114,000 results in an estimated price of approximately £386,147.
| 12 Jul 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 44.2 | 149.7 | 238.726 % | £114,000 | £272,147 | £386,147 |
The Postcode Pricing Model uses changes in average sales price within the LU5 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 | 188.988 % | £215,446 | £329,446 |
| 3 Month Average | 214.654 % | £244,705 | £358,705 |
| 6 Month Average | 243.477 % | £277,564 | £391,564 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2024 | £375,000 | £375,000 | 4 LAMBS CLOSE |
| 28 May 2024 | £388,000 | £388,000 | 45 LAMBS CLOSE |
| 15 Dec 2023 | £361,096 | £350,000 | 35 LAMBS CLOSE |
| 10 Feb 2023 | £367,455 | £365,000 | 240 JEANS WAY |
| 30 Jan 2023 | £325,871 | £325,000 | 8 ALLENBY AVENUE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 16 Oct 2014. Using an estimated price of £386,148 means this house is valued at £4,709 per sq meter (£437 per sq foot).
The average size of a house on JEANS WAY is 94 sq meters (1,018 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Potters Mead |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lambs Close |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lambs Close |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Dale Close |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Dale Close |