£629,248
This estimated value is based upon the latest sale price for the house of £196,500 on 16 Nov 2001. This value is then adjusted by the current Official House Price Index for LUTON 1
There has been one burglary within the last year on or near Turnpike Drive
More crime details
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Cromer Way, Luton, LU2 7DB
Phone: 01582955220
Price Paid | Date |
---|---|
£196,500 | 16 Nov 2001 |
Detached |
Freehold |
Floor Area: 143 sq meters or 1,539 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 November 2001 the House Price Index for LUTON was 46.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 220.228%.Applying this 220.228% change to the original purchase price of £196,500 results in an estimated price of approximately £629,248.
16 Nov 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
46.4 | 148.6 | 220.228 % | £196,500 | £432,748 | £629,248 |
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 | 223.498 % | £439,173 | £635,673 |
3 Month Average | 215.785 % | £424,018 | £620,518 |
6 Month Average | 249.698 % | £490,656 | £687,156 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £455,828 | £450,000 | 24 TURNPIKE DRIVE |
28 Feb 2023 | £334,775 | £335,000 | 399 TURNPIKE DRIVE |
27 Feb 2023 | £439,704 | £440,000 | 303 TURNPIKE DRIVE |
15 Feb 2023 | £449,697 | £450,000 | 81 TURNPIKE DRIVE |
10 Feb 2023 | £749,496 | £750,000 | 276 BARTON ROAD |
This house has a floor area of 143 sq meters or 1,539 sq feet when measured on 9 Feb 2016. Using an estimated price of £629,249 means this house is valued at £4,400 per sq meter (£408 per sq foot).
The average size of a house on TURNPIKE DRIVE is 94 sq meters (1,018 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Burglary | Under investigation | On or near Turnpike Drive |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Turnpike Drive |
Feb 2024 | Drugs | Under investigation | On or near Barton Road |
Jan 2024 | Other theft | Unable to prosecute suspect | On or near Barton Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gatehill Gardens |