£1,561,357
This estimated value is based upon the latest sale price for the house of £260,000 on 17 Nov 2023. 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 |
|---|---|
| £260,000 | 17 Nov 2023 |
| £125,000 | 28 Oct 2011 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,011 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 November 2023 the House Price Index for LUTON was 24.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 500.522%.Applying this 500.522% change to the original purchase price of £260,000 results in an estimated price of approximately £1,561,357.
| 17 Nov 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 146.7 | 500.522 % | £260,000 | £1,301,357 | £1,561,357 |
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 | 246.351 % | £640,512 | £900,512 |
| 3 Month Average | -18.990 % | £-49,373 | £210,626 |
| 6 Month Average | 22.351 % | £58,111 | £318,111 |
This house has a floor area of 93 sq meters or 1,011 sq feet when measured on 24 Jun 2011.
The average size of a house on KINGSWAY is 103 sq meters (1,109 sq feet).