£250,387
This estimated value is based upon the latest sale price for the house of £86,950 on 14 Jun 2002. This value is then adjusted by the current Official House Price Index for LUTON 1
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208 Marsh Road, Luton, LU3 2QW
Phone: 01582955880
Price Paid | Date |
---|---|
£86,950 | 14 Jun 2002 |
£36,000 | 27 Mar 1997 |
Semi-Detached |
Freehold |
Floor Area: 78 sq meters or 839 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 June 2002 the House Price Index for LUTON was 52.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 187.968%.Applying this 187.968% change to the original purchase price of £86,950 results in an estimated price of approximately £250,387.
14 Jun 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
52.0 | 149.7 | 187.968 % | £86,950 | £163,437 | £250,387 |
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 | 206.056 % | £179,165 | £266,115 |
3 Month Average | 198.776 % | £172,835 | £259,785 |
6 Month Average | 216.381 % | £188,142 | £275,092 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £187,253 | £182,500 | 6 WEXHAM CLOSE |
1 Sep 2023 | £265,861 | £260,000 | 85 MORRIS CLOSE |
10 Nov 2022 | £303,580 | £305,000 | 100 DENHAM CLOSE |
30 Sep 2022 | £299,800 | £300,000 | 105 MORRIS CLOSE |
29 Apr 2022 | £269,730 | £260,000 | 69 DENHAM CLOSE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 3 Feb 2015. Using an estimated price of £250,388 means this house is valued at £3,210 per sq meter (£298 per sq foot).
The average size of a house on MORRIS CLOSE is 92 sq meters (992 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Morris Close |
Jul 2024 | Public order | Under investigation | On or near Morris Close |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Morris Close |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Morris Close |
Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Morris Close |