£321,794
This estimated value is based upon the latest sale price for the house of £280,000 on 14 Jul 2021. This value is then adjusted by the current Official House Price Index for LUTON 1
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289P Dallow Road, Luton, LU1 1TF
Phone: 01582955701
| Price Paid | Date |
|---|---|
| £280,000 | 14 Jul 2021 |
| £130,000 | 11 Aug 2004 |
| £82,000 | 31 May 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 2021 the House Price Index for LUTON was 129.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.927%.Applying this 14.927% change to the original purchase price of £280,000 results in an estimated price of approximately £321,794.
| 14 Jul 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 148.6 | 14.927 % | £280,000 | £41,794 | £321,794 |
The Postcode Pricing Model uses changes in average sales price within the LU1 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 | -27.846 % | £-77,968 | £202,031 |
| 3 Month Average | -26.690 % | £-74,732 | £205,267 |
| 6 Month Average | -28.612 % | £-80,112 | £199,887 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £343,001 | £337,000 | 68 PRIESTLEYS |
| 3 Mar 2023 | £353,329 | £350,000 | 15 THE PYGHTLE |
| 30 Nov 2022 | £311,230 | £315,000 | 39 WHIPPERLEY RING |
| 29 Jul 2022 | £278,750 | £278,000 | 12 WOODCOCK ROAD |
| 4 Jul 2022 | £330,891 | £330,000 | 35 PRIESTLEYS |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 3 Jan 2014. Using an estimated price of £321,794 means this house is valued at £3,785 per sq meter (£351 per sq foot).
There is one other house on the street which we know the size of, this is 2 REDFERNS CLOSE it is 76.0