£198,169
This estimated value is based upon the latest sale price for the house of £67,500 on 31 May 2002. 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 |
|---|---|
| £67,500 | 31 May 2002 |
| £35,000 | 16 Mar 1999 |
| £33,995 | 9 Jun 1995 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 2002 the House Price Index for LUTON was 51.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 193.585%.Applying this 193.585% change to the original purchase price of £67,500 results in an estimated price of approximately £198,169.
| 31 May 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 51.0 | 149.7 | 193.585 % | £67,500 | £130,669 | £198,169 |
The Postcode Pricing Model uses changes in average sales price within the LU3 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 | 436.512 % | £294,645 | £362,145 |
| 3 Month Average | 218.167 % | £147,262 | £214,762 |
| 6 Month Average | 225.881 % | £152,469 | £219,969 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £247,624 | £242,000 | 51 DANE ROAD |
| 31 Mar 2023 | £224,753 | £221,000 | 26 DANE ROAD |
| 17 Mar 2023 | £254,246 | £250,000 | 58 DANE ROAD |
| 9 Jan 2023 | £255,683 | £255,000 | 28 DANE ROAD |
| 26 May 2022 | £231,019 | £225,000 | 69 SAXON ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 3 Dec 2021. Using an estimated price of £198,170 means this house is valued at £2,791 per sq meter (£259 per sq foot).
The average size of a house on DANE ROAD is 76 sq meters (825 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Under investigation | On or near Dane Road |
| Sep 2024 | Robbery | Under investigation | On or near Dane Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dane Road |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Dane Road |
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Dane Road |