£273,177
This estimated value is based upon the latest sale price for the house of £158,000 on 19 Jul 2006. This value is then adjusted by the current Official House Price Index for LUTON 1
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Kingham House, 1 Kingham Way, Luton, LU2 7RG
Phone: 01582955871
| Price Paid | Date |
|---|---|
| £158,000 | 19 Jul 2006 |
| £97,000 | 28 Jun 2002 |
| Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 2006 the House Price Index for LUTON was 85.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.897%.Applying this 72.897% change to the original purchase price of £158,000 results in an estimated price of approximately £273,177.
| 19 Jul 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.9 | 148.6 | 72.897 % | £158,000 | £115,177 | £273,177 |
The Postcode Pricing Model uses changes in average sales price within the LU2 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 | 82.892 % | £130,969 | £288,969 |
| 3 Month Average | 54.417 % | £85,979 | £243,979 |
| 6 Month Average | 75.451 % | £119,212 | £277,212 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £193,384 | £190,000 | FLAT 2 ERMINE PLACE EARLS MEADE |
| 11 Nov 2022 | £153,145 | £155,000 | FLAT 8 CARDINAL COURT EARLS MEADE |
| 1 Jul 2022 | £177,478 | £177,000 | FLAT 12 DAUPHIN COURT EARLS MEADE |
| 12 Apr 2022 | £180,215 | £175,000 | FLAT 17 DAUPHIN COURT EARLS MEADE |
| 5 Apr 2022 | £154,470 | £150,000 | FLAT 7 CARDINAL COURT EARLS MEADE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 27 Nov 2018. Using an estimated price of £273,177 means this house is valued at £3,642 per sq meter (£338 per sq foot).
The average size of a house on OLD BEDFORD ROAD is 137 sq meters (1,483 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Earls Meade |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Earls Meade |
| Jan 2024 | Anti-social behaviour | On or near Earls Meade | |
| Jan 2024 | Anti-social behaviour | On or near Earls Meade | |
| Jan 2024 | Anti-social behaviour | On or near Earls Meade |