£231,018
This estimated value is based upon the latest sale price for the house of £225,000 on 26 May 2022. 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 |
|---|---|
| £225,000 | 26 May 2022 |
| £112,500 | 2 Jul 2010 |
| £92,995 | 4 Apr 2003 |
| £85,000 | 20 Nov 2002 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 742 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 2022 the House Price Index for LUTON was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £225,000 results in an estimated price of approximately £231,018.
| 26 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £225,000 | £6,018 | £231,018 |
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 | 45.209 % | £101,720 | £326,720 |
| 3 Month Average | 18.235 % | £41,028 | £266,028 |
| 6 Month Average | 7.303 % | £16,432 | £241,432 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £224,041 | £220,000 | 32 SAXON ROAD |
| 2 Jun 2023 | £209,192 | £205,000 | 68 SAXON 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 |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 17 May 2013. Using an estimated price of £231,019 means this house is valued at £3,348 per sq meter (£311 per sq foot).
The average size of a house on SAXON ROAD is 80 sq meters (862 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Saxon Road |
| Aug 2024 | Other theft | Unable to prosecute suspect | On or near Saxon Road |
| 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 |