£157,333
This estimated value is based upon the latest sale price for the house of £31,000 on 15 Aug 1997. This value is then adjusted by the current Official House Price Index for LUTON 1
There has been one burglary within the last year on or near Ivy Road
More crime details
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243b Dunstable Road, Luton, LU4 8BW
Phone: 01582936762
| Price Paid | Date |
|---|---|
| £31,000 | 15 Aug 1997 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 August 1997 the House Price Index for LUTON was 29.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 407.526%.Applying this 407.526% change to the original purchase price of £31,000 results in an estimated price of approximately £157,333.
| 15 Aug 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.5 | 149.7 | 407.526 % | £31,000 | £126,333 | £157,333 |
The Postcode Pricing Model uses changes in average sales price within the LU1 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 | 560.953 % | £173,895 | £204,895 |
| 3 Month Average | 482.602 % | £149,606 | £180,606 |
| 6 Month Average | 449.302 % | £139,283 | £170,283 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £216,657 | £210,000 | 24 IVY ROAD |
| 10 Nov 2023 | £141,594 | £138,000 | 63 IVY ROAD |
| 4 Sep 2023 | £230,072 | £225,000 | 35 IVY ROAD |
| 21 Jun 2023 | £204,090 | £200,000 | 53 IVY ROAD |
| 19 Apr 2023 | £239,479 | £235,000 | 20 IVY ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 30 Oct 2018. Using an estimated price of £157,333 means this house is valued at £2,097 per sq meter (£194 per sq foot).
The average size of a house on IVY ROAD is 91 sq meters (984 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Ivy Road |
| Jul 2024 | Burglary | Awaiting court outcome | On or near Ivy Road |
| Jun 2024 | Anti-social behaviour | On or near Ivy Road | |
| Jun 2024 | Anti-social behaviour | On or near Ivy Road | |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Ivy Road |