£287,309
This estimated value is based upon the latest sale price for the house of £103,000 on 17 Jul 2002. 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 |
---|---|
£103,000 | 17 Jul 2002 |
Terraced |
Freehold |
Floor Area: 101 sq meters or 1,087 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 2002 the House Price Index for LUTON was 53.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 178.941%.Applying this 178.941% change to the original purchase price of £103,000 results in an estimated price of approximately £287,309.
17 Jul 2002 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
53.1 | 148.0 | 178.941 % | £103,000 | £184,309 | £287,309 |
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 | 283.947 % | £292,465 | £395,465 |
3 Month Average | 183.655 % | £189,165 | £292,165 |
6 Month Average | 234.033 % | £241,053 | £344,053 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jan 2023 | £271,119 | £273,500 | 25 HOLLAND ROAD |
13 Jan 2023 | £189,040 | £190,700 | 21 HOLLAND ROAD |
26 Aug 2022 | £228,456 | £230,000 | 242 BISCOT ROAD |
23 Mar 2022 | £140,363 | £136,000 | FLAT 9 HOLLAND COURT BISCOT ROAD |
1 Oct 2021 | £330,603 | £300,000 | 274 BISCOT ROAD |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 3 Oct 2013. Using an estimated price of £287,310 means this house is valued at £2,844 per sq meter (£264 per sq foot).
The average size of a house on BISCOT ROAD is 100 sq meters (1,084 sq feet).