£1,850,368
This estimated value is based upon the latest sale price for the house of £1,500,000 on 14 Dec 2018. This value is then adjusted by the current Official House Price Index for LUTON 1
There have been two burglaries within the last year on or near Villa Road
More crime details
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54 New Bedford Rd, Luton, LU1 1SH
Phone: 01582955926
| Price Paid | Date |
|---|---|
| £1,500,000 | 14 Dec 2018 |
| Freehold |
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 December 2018 the House Price Index for LUTON was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £1,500,000 results in an estimated price of approximately £1,850,368.
| 14 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.358 % | £1,500,000 | £350,368 | £1,850,368 |
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 | 7.062 % | £105,930 | £1,605,930 |
| 3 Month Average | 13.510 % | £202,642 | £1,702,642 |
| 6 Month Average | 24.301 % | £364,516 | £1,864,516 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £198,473 | £195,000 | 6 THE MOUNT NEW BEDFORD ROAD |
| 8 Sep 2023 | £197,526 | £195,000 | 8 THE MOUNT NEW BEDFORD ROAD |
| 22 Feb 2023 | £149,899 | £150,000 | FLAT M LANGHAM HOUSE EAST MILL STREET |
| 11 Apr 2022 | £226,556 | £220,000 | 11 BEDFORD GARDENS NEW BEDFORD ROAD |
| 1 Dec 2021 | £176,777 | £165,000 | 27 MOORLAND GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Villa Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Villa Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Villa Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Villa Road |
| Mar 2024 | Burglary | Under investigation | On or near Villa Road |