£126,861
This estimated value is based upon the latest sale price for the house of £98,000 on 16 Dec 2016. This value is then adjusted by the current Official House Price Index for LUTON 1
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Unit 7 Bennett house, Chaul End, Luton, LU4 8EZ
Phone: 01582955437
| Price Paid | Date |
|---|---|
| £98,000 | 16 Dec 2016 |
| £74,000 | 28 Jul 2004 |
| Flats/Maisonettes |
| Leasehold |
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 2016 the House Price Index for LUTON was 113.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 29.450%.Applying this 29.450% change to the original purchase price of £98,000 results in an estimated price of approximately £126,861.
| 16 Dec 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 146.7 | 29.450 % | £98,000 | £28,861 | £126,861 |
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 | 11.281 % | £11,055 | £109,055 |
| 3 Month Average | 13.682 % | £13,408 | £111,408 |
| 6 Month Average | 30.748 % | £30,132 | £128,132 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Dunstable Road | |
| Feb 2024 | Drugs | Awaiting court outcome | On or near Dunstable Road |
| Feb 2024 | Drugs | Offender given a caution | On or near Dunstable Road |
| Feb 2024 | Anti-social behaviour | On or near Dunstable Road | |
| Feb 2024 | Drugs | Local resolution | On or near Dunstable Road |