£523,669
This estimated value is based upon the latest sale price for the house of £424,950 on 12 Oct 2018. This value is then adjusted by the current Official House Price Index for CENTRAL BEDFORDSHIRE 1
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Unit 7 Bennett house, Chaul End, Luton, LU4 8EZ
Phone: 01582955437
Price Paid | Date |
---|---|
£424,950 | 12 Oct 2018 |
Detached |
Freehold |
This model uses changes in the Official Land Registry House Price Index for CENTRAL BEDFORDSHIRE to estimate the market value.
When this house was purchased in October 2018 the House Price Index for CENTRAL BEDFORDSHIRE was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £424,950 results in an estimated price of approximately £523,669.
12 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 148.6 | 23.231 % | £424,950 | £98,719 | £523,669 |
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 | 43.775 % | £186,022 | £610,972 |
3 Month Average | -13.447 % | £-57,141 | £367,808 |
6 Month Average | -8.543 % | £-36,301 | £388,648 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £448,927 | £445,000 | 57 MALLARD CRESCENT |
12 Jul 2023 | £466,276 | £460,000 | 8 MAGPIE MEADOWS |
20 Jun 2022 | £537,597 | £530,000 | 12 MAGPIE MEADOWS |
9 Dec 2021 | £466,049 | £435,000 | 61 MALLARD CRESCENT |
18 Dec 2020 | £486,573 | £423,950 | 74 MALLARD CRESCENT |
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Public order | Unable to prosecute suspect | On or near Mallard Crescent |
Jan 2024 | Public order | Unable to prosecute suspect | On or near Mallard Crescent |
Jan 2024 | Public order | Unable to prosecute suspect | On or near Mallard Crescent |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Magpie Meadows |
Jan 2024 | Anti-social behaviour | On or near Magpie Meadows |