£179,836
This estimated value is based upon the latest sale price for the house of £122,000 on 20 Mar 2015. This value is then adjusted by the current Official House Price Index for LUTON 1
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289P Dallow Road, Luton, LU1 1TF
Phone: 01582955701
| Price Paid | Date |
|---|---|
| £122,000 | 20 Mar 2015 |
| £85,000 | 5 Apr 2013 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 635 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 2015 the House Price Index for LUTON was 100.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.407%.Applying this 47.407% change to the original purchase price of £122,000 results in an estimated price of approximately £179,836.
| 20 Mar 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 148.6 | 47.407 % | £122,000 | £57,836 | £179,836 |
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 | 89.399 % | £109,066 | £231,066 |
| 3 Month Average | 24.083 % | £29,381 | £151,381 |
| 6 Month Average | 25.458 % | £31,059 | £153,059 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £172,319 | £170,000 | 34 MARKET SQUARE |
| 15 Jun 2022 | £126,792 | £125,000 | 16 ROSS CLOSE |
| 11 May 2022 | £158,996 | £156,000 | 303 WHIPPERLEY RING |
| 28 Jan 2022 | £191,538 | £182,000 | 60 ROSS CLOSE |
| 17 Dec 2021 | £157,492 | £147,000 | 15 ROSS CLOSE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 12 Jan 2013. Using an estimated price of £179,836 means this house is valued at £3,048 per sq meter (£283 per sq foot).
The average size of a house on ROSS CLOSE is 58 sq meters (626 sq feet).