£243,709
This estimated value is based upon the latest sale price for the house of £200,000 on 28 Feb 2020. This value is then adjusted by the current Official House Price Index for LUTON 1
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9 Bedford Square, Houghton Regis, LU5 5ES
Phone: 01582955821
| Price Paid | Date |
|---|---|
| £200,000 | 28 Feb 2020 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 February 2020 the House Price Index for LUTON was 121.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.855%.Applying this 21.855% change to the original purchase price of £200,000 results in an estimated price of approximately £243,709.
| 28 Feb 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.0 | 21.855 % | £200,000 | £43,709 | £243,709 |
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 | 31.689 % | £63,378 | £263,378 |
| 3 Month Average | 32.948 % | £65,895 | £265,895 |
| 6 Month Average | 29.590 % | £59,180 | £259,180 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £234,435 | £230,000 | 227 POYNTERS ROAD |
| 25 Aug 2023 | £332,019 | £330,000 | 531 LEAGRAVE HIGH STREET |
| 27 Jul 2023 | £302,865 | £300,000 | 207 POYNTERS ROAD |
| 21 Jul 2023 | £262,483 | £260,000 | 505 LEAGRAVE HIGH STREET |
| 16 Jun 2023 | £297,411 | £295,000 | 5 AMHURST ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 6 Jan 2020. Using an estimated price of £243,710 means this house is valued at £3,692 per sq meter (£343 per sq foot).
The average size of a house on RODNEY CLOSE is 75 sq meters (813 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Under investigation | On or near Kirkwood Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Braintree Close |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Braintree Close |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Braintree Close |
| Apr 2024 | Drugs | Under investigation | On or near Chanfield Close |