£280,684
This estimated value is based upon the latest sale price for the house of £195,000 on 10 Jul 2015. This value is then adjusted by the current Official House Price Index for LUTON 1
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Trend House, Dallow Road, Luton, LU1 1LY
Phone: 01582936600
| Price Paid | Date |
|---|---|
| £195,000 | 10 Jul 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 July 2015 the House Price Index for LUTON was 103.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 43.941%.Applying this 43.941% change to the original purchase price of £195,000 results in an estimated price of approximately £280,684.
| 10 Jul 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 148.6 | 43.941 % | £195,000 | £85,684 | £280,684 |
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 | 39.425 % | £76,877 | £271,877 |
| 3 Month Average | 10.068 % | £19,632 | £214,632 |
| 6 Month Average | 17.230 % | £33,598 | £228,598 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Apr 2023 | £333,592 | £330,000 | 54 RED RAILS |
| 13 Apr 2023 | £338,646 | £335,000 | 6 WHIPPERLEY WAY |
| 3 Mar 2023 | £312,948 | £310,000 | 106 WHIPPERLEY WAY |
| 19 Aug 2022 | £398,926 | £400,000 | 40 BRETTS MEAD |
| 9 Aug 2022 | £177,522 | £178,000 | 5 RED RAILS COURT RED RAILS |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 24 Feb 2015. Using an estimated price of £280,684 means this house is valued at £3,381 per sq meter (£314 per sq foot).
The average size of a house on RED RAILS is 92 sq meters (998 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near The Cross Way |
| Mar 2024 | Anti-social behaviour | On or near The Cross Way | |
| Dec 2023 | Shoplifting | Unable to prosecute suspect | On or near The Cross Way |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bretts Mead |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bretts Mead |