£324,082
This estimated value is based upon the latest sale price for the house of £250,000 on 15 May 2017. This value is then adjusted by the current Official House Price Index for LUTON 1
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Unit 7 Bennett house, Chaul End, Luton, LU4 8EZ
Phone: 01582955437
Price Paid | Date |
---|---|
£250,000 | 15 May 2017 |
£148,000 | 27 Aug 2004 |
£70,000 | 24 Nov 2000 |
£58,495 | 24 Sep 1999 |
Terraced |
Freehold |
Floor Area: 84 sq meters or 904 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 2017 the House Price Index for LUTON was 115.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.633%.Applying this 29.633% change to the original purchase price of £250,000 results in an estimated price of approximately £324,082.
15 May 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.5 | 149.7 | 29.633 % | £250,000 | £74,082 | £324,082 |
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 | 12.283 % | £30,707 | £280,707 |
3 Month Average | 27.112 % | £67,780 | £317,780 |
6 Month Average | 29.254 % | £73,135 | £323,135 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Sep 2023 | £306,762 | £300,000 | 15 WALLER AVENUE |
31 Aug 2022 | £366,715 | £365,000 | 27 WALLER AVENUE |
8 Jul 2022 | £222,227 | £220,000 | 34 BEECHWOOD ROAD |
10 Dec 2021 | £280,620 | £260,000 | 36 CHESTER AVENUE |
20 Nov 2020 | £7,533,184 | £6,450,000 | UNIT 1 MADFORD RETAIL PARK, 540 DUNSTABLE ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 5 Apr 2017. Using an estimated price of £324,082 means this house is valued at £3,858 per sq meter (£358 per sq foot).
The average size of a house on WALLER AVENUE is 100 sq meters (1,076 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chester Close |
Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Chester Close |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Shopping Area |
Oct 2024 | Shoplifting | Under investigation | On or near Shopping Area |
Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Shopping Area |