£240,927
This estimated value is based upon the latest sale price for the house of £195,000 on 29 Nov 2019. This value is then adjusted by the current Official House Price Index for LUTON 1
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3 Nursery Parade, Marsh Road, Luton, LU3 2QP
Phone: 01582955774
| Price Paid | Date |
|---|---|
| £195,000 | 29 Nov 2019 |
| £220,000 | 19 Jul 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 November 2019 the House Price Index for LUTON was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £195,000 results in an estimated price of approximately £240,927.
| 29 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £195,000 | £45,927 | £240,927 |
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 | 23.074 % | £44,994 | £239,994 |
| 3 Month Average | 16.704 % | £32,573 | £227,573 |
| 6 Month Average | 19.623 % | £38,264 | £233,264 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Apr 2024 | £183,594 | £182,000 | 28 HURST WAY |
| 31 Mar 2023 | £303,061 | £298,000 | 6 HURST WAY |
| 1 Aug 2022 | £261,221 | £260,000 | 2 NURSERY ROAD |
| 24 Jun 2022 | £326,990 | £320,000 | 36 HURST WAY |
| 5 Apr 2022 | £290,478 | £280,000 | 5 HURST WAY |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 28 May 2016. Using an estimated price of £240,927 means this house is valued at £3,346 per sq meter (£310 per sq foot).
The average size of a house on NURSERY ROAD is 97 sq meters (1,044 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Parking Area |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Mostyn Road |
| Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Mostyn Road |
| Jul 2024 | Drugs | Under investigation | On or near Mostyn Road |