£306,611
This estimated value is based upon the latest sale price for the house of £250,000 on 27 Nov 2019. This value is then adjusted by the current Official House Price Index for LUTON 1
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251 Dunstable Road, Luton, LU4 8BP
Phone: 01582955978
| Price Paid | Date |
|---|---|
| £250,000 | 27 Nov 2019 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 November 2019 the House Price Index for LUTON was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £250,000 results in an estimated price of approximately £306,611.
| 27 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £250,000 | £56,611 | £306,611 |
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 | 85.730 % | £214,325 | £464,325 |
| 3 Month Average | 29.437 % | £73,591 | £323,591 |
| 6 Month Average | 26.251 % | £65,628 | £315,628 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2022 | £383,966 | £385,000 | 8 CLAREMONT ROAD |
| 16 Aug 2022 | £282,240 | £283,000 | 88 CLAREMONT ROAD |
| 30 May 2022 | £224,225 | £220,000 | 13 CONWAY ROAD |
| 15 Dec 2021 | £273,201 | £255,000 | 63 MANSFIELD ROAD |
| 30 Jul 2021 | £252,838 | £220,000 | 17 CONWAY ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 21 Jun 2019. Using an estimated price of £306,611 means this house is valued at £3,369 per sq meter (£313 per sq foot).
The average size of a house on MANSFIELD ROAD is 117 sq meters (1,263 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Mansfield Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Mansfield Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mansfield Road |
| Feb 2024 | Anti-social behaviour | On or near Mansfield Road | |
| Feb 2024 | Anti-social behaviour | On or near Mansfield Road |