£220,409
This estimated value is based upon the latest sale price for the house of £152,000 on 6 Jul 2015. 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 |
|---|---|
| £152,000 | 6 Jul 2015 |
| £138,000 | 20 Dec 2007 |
| £77,000 | 22 Oct 2002 |
| Terraced |
| Freehold |
| Floor Area: 67 sq meters or 721 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 July 2015 the House Price Index for LUTON was 103.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 45.006%.Applying this 45.006% change to the original purchase price of £152,000 results in an estimated price of approximately £220,409.
| 6 Jul 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 149.7 | 45.006 % | £152,000 | £68,409 | £220,409 |
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 | 32.585 % | £49,528 | £201,528 |
| 3 Month Average | 48.405 % | £73,574 | £225,574 |
| 6 Month Average | 55.316 % | £84,080 | £236,080 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Aug 2022 | £271,268 | £270,000 | 36 SPENCER ROAD |
| 2 Feb 2022 | £245,626 | £232,500 | 52 SPENCER ROAD |
| 6 Dec 2021 | £289,255 | £268,000 | 107 ALTHORP ROAD |
| 10 Jun 2021 | £208,067 | £192,500 | 75 SPENCER ROAD |
| 3 Jun 2020 | £212,276 | £174,000 | 12 SPENCER ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 13 Sep 2013. Using an estimated price of £220,409 means this house is valued at £3,289 per sq meter (£305 per sq foot).
The average size of a house on SPENCER ROAD is 78 sq meters (847 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Althorp Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Althorp Road |
| Jul 2024 | Possession of weapons | Awaiting court outcome | On or near Althorp Road |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Althorp Road |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Althorp Road |