£185,750
This estimated value is based upon the latest sale price for the house of £125,000 on 28 Jan 2015. 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 |
|---|---|
| £125,000 | 28 Jan 2015 |
| £112,000 | 16 Jun 2004 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 January 2015 the House Price Index for LUTON was 100.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 48.600%.Applying this 48.600% change to the original purchase price of £125,000 results in an estimated price of approximately £185,750.
| 28 Jan 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 148.6 | 48.600 % | £125,000 | £60,750 | £185,750 |
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 | 141.134 % | £176,417 | £301,417 |
| 3 Month Average | 60.944 % | £76,180 | £201,180 |
| 6 Month Average | 81.673 % | £102,090 | £227,090 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £185,243 | £182,500 | 6 WEXHAM CLOSE |
| 1 Sep 2023 | £263,367 | £260,000 | 85 MORRIS CLOSE |
| 3 Apr 2023 | £303,265 | £300,000 | 85 WEXHAM CLOSE |
| 10 Nov 2022 | £301,350 | £305,000 | 100 DENHAM CLOSE |
| 30 Sep 2022 | £297,597 | £300,000 | 105 MORRIS CLOSE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 17 Oct 2013. Using an estimated price of £185,750 means this house is valued at £2,135 per sq meter (£198 per sq foot).
The average size of a house on DENHAM CLOSE is 90 sq meters (970 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Under investigation | On or near Wexham Close |
| Mar 2024 | Vehicle crime | Under investigation | On or near Wexham Close |
| Mar 2024 | Vehicle crime | Under investigation | On or near Wexham Close |
| Mar 2024 | Public order | Under investigation | On or near Wexham Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wexham Close |