56, DOWNS ROAD, LUTON, LU1 1QR - £225,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

56 DOWNS ROAD is a terraced house, which could now be worth an estimated £272,845. It was last sold for £225,000 in April 2019, which was around 4% above the average April 2019 terraced price in the Luton local authority area.

56 DOWNS ROAD Sold Prices

Land registry data shows two sales for 56 DOWNS ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Luton local authority area for the corresponding sale date. Both of the two 56 DOWNS ROAD sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 12 APR	£225,000	£216,758	4% above HPI
1997 27 MAR	£53,000	£39,228	35% above HPI

What might 56 DOWNS ROAD be worth now?

56 DOWNS ROAD might now be worth an estimated £272,845.

This is based on house price inflation of 21.3%, between April 2019 and May 2026, for terraced houses, in the Luton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.3% inflationary increase is applied to the most recent sale price for 56 DOWNS ROAD of £225,000 on 12th April 2019. For the value to have increased from £225,000 to £272,845 over the six years and eleven months to May 2026, the following assumptions must hold true:

• The value of 56 DOWNS ROAD has moved in line with the HPI for terraced houses in the Luton local authority area.
• The April 2019 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 56 DOWNS ROAD has not materially changed since April 2019.

Where is 56 DOWNS ROAD?

56 DOWNS ROAD is located in LUTON, in the LU1 postcode district.