£270,291
This estimated value is based upon the latest sale price for the house of £220,000 on 14 Dec 2018. This value is then adjusted by the current Official House Price Index for LUTON 1
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Rodeheath, Luton, LU4 9XA
Phone: 02030071910
| Price Paid | Date |
|---|---|
| £220,000 | 14 Dec 2018 |
| £177,000 | 21 Aug 2015 |
| £147,000 | 11 May 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 68 sq meters or 731 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 December 2018 the House Price Index for LUTON was 120.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.860%.Applying this 22.860% change to the original purchase price of £220,000 results in an estimated price of approximately £270,291.
| 14 Dec 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.0 | 22.860 % | £220,000 | £50,291 | £270,291 |
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 | 25.347 % | £55,763 | £275,763 |
| 3 Month Average | 23.171 % | £50,976 | £270,976 |
| 6 Month Average | 16.411 % | £36,103 | £256,103 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jan 2023 | £408,413 | £412,000 | 55 BUTELY ROAD |
| 22 Apr 2022 | £305,128 | £297,500 | 7 BOXTED CLOSE |
| 18 Mar 2022 | £361,227 | £350,000 | 133 BUTELY ROAD |
| 5 Jan 2022 | £314,448 | £300,000 | 49 BRICKLY ROAD |
| 17 Dec 2021 | £320,115 | £300,000 | 103 BUTELY ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 18 May 2015. Using an estimated price of £270,292 means this house is valued at £3,974 per sq meter (£369 per sq foot).
The average size of a house on BOXTED CLOSE is 79 sq meters (851 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Boxted Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Boxted Close |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Boxted Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Boxted Close |
| Jan 2024 | Drugs | Investigation complete; no suspect identified | On or near Boxted Close |