£143,037
This estimated value is based upon the latest sale price for the house of £85,000 on 1 Aug 2008. This value is then adjusted by the current Official House Price Index for LUTON 1
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121 Dunstable Road, Luton, LU1 1BW
Phone: 01582936638
| Price Paid | Date |
|---|---|
| £85,000 | 1 Aug 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 46 sq meters or 502 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 August 2008 the House Price Index for LUTON was 88.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 68.280%.Applying this 68.280% change to the original purchase price of £85,000 results in an estimated price of approximately £143,037.
| 1 Aug 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.3 | 148.6 | 68.280 % | £85,000 | £58,037 | £143,037 |
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 | 98.215 % | £83,482 | £168,482 |
| 3 Month Average | 26.730 % | £22,720 | £107,720 |
| 6 Month Average | 38.565 % | £32,779 | £117,779 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2021 | £205,488 | £190,000 | 84 HIGHBURY ROAD |
| 22 Oct 2021 | £425,994 | £385,000 | 225 DUNSTABLE ROAD |
| 24 Sep 2021 | £125,520 | £116,482 | 50 LEAGRAVE ROAD |
| 3 Sep 2021 | £70,044 | £65,000 | 1A OAK ROAD |
| 27 Aug 2021 | £211,967 | £190,000 | 63 HIGHBURY ROAD |
This house has a floor area of 46 sq meters or 502 sq feet when measured on 30 Jul 2010. Using an estimated price of £143,038 means this house is valued at £3,061 per sq meter (£284 per sq foot).
The average size of a house on BURY PARK ROAD is 74 sq meters (796 sq feet).