£210,867
This estimated value is based upon the latest sale price for the house of £142,000 on 5 Mar 2015. 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 |
|---|---|
| £142,000 | 5 Mar 2015 |
| £110,000 | 3 Sep 2007 |
| £49,000 | 17 Oct 2002 |
| £26,500 | 29 Jan 1999 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 699 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 2015 the House Price Index for LUTON was 100.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.498%.Applying this 48.498% change to the original purchase price of £142,000 results in an estimated price of approximately £210,867.
| 5 Mar 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 149.7 | 48.498 % | £142,000 | £68,867 | £210,867 |
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 | 40.636 % | £57,702 | £199,702 |
| 3 Month Average | 63.573 % | £90,273 | £232,273 |
| 6 Month Average | 64.707 % | £91,883 | £233,883 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Aug 2022 | £226,057 | £225,000 | 106 OAK ROAD |
| 7 Feb 2022 | £230,308 | £218,000 | 49 OAK ROAD |
| 28 Jul 2021 | £237,343 | £205,000 | 4 OAK ROAD |
| 11 Jun 2021 | £259,408 | £240,000 | 47 ASH ROAD |
| 23 Sep 2020 | £293,062 | £245,000 | 6 ASH ROAD |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 28 Jan 2015. Using an estimated price of £210,867 means this house is valued at £3,244 per sq meter (£301 per sq foot).
The average size of a house on OAK ROAD is 72 sq meters (779 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oak Road |
| Oct 2024 | Public order | Under investigation | On or near Oak Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oak Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oak Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oak Road |