£216,118
This estimated value is based upon the latest sale price for the house of £160,000 on 31 Mar 2016. This value is then adjusted by the current Official House Price Index for LUTON 1
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Unit 7 Bennett house, Chaul End, Luton, LU4 8EZ
Phone: 01582955437
Price Paid | Date |
---|---|
£160,000 | 31 Mar 2016 |
Terraced |
Freehold |
Floor Area: 63 sq meters or 678 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 March 2016 the House Price Index for LUTON was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £160,000 results in an estimated price of approximately £216,118.
31 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.0 | 148.6 | 35.074 % | £160,000 | £56,118 | £216,118 |
The Postcode Pricing Model uses changes in average sales price within the LU4 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 | 41.390 % | £66,223 | £226,223 |
3 Month Average | 38.583 % | £61,732 | £221,732 |
6 Month Average | 53.434 % | £85,493 | £245,493 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £319,734 | £315,000 | 49 CHANDOS ROAD |
7 Jun 2023 | £227,759 | £225,000 | 5 THORNHILL PLACE |
24 Nov 2022 | £261,828 | £265,000 | 2 THORNHILL PLACE |
26 Jul 2022 | £426,147 | £425,000 | 453 DUNSTABLE ROAD |
13 Jun 2022 | £294,157 | £290,000 | 35 THORNHILL ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 12 Nov 2018. Using an estimated price of £216,118 means this house is valued at £3,430 per sq meter (£318 per sq foot).
There is one other house on the street which we know the size of, this is 4 THORNHILL PLACE it is 60.0
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Thornhill Place |
Jan 2024 | Public order | Unable to prosecute suspect | On or near Thornhill Place |
Mar 2024 | Other theft | Under investigation | On or near Petrol Station |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |