£251,486
This estimated value is based upon the latest sale price for the house of £205,000 on 6 Dec 2019. This value is then adjusted by the current Official House Price Index for LUTON 1
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138 Marsh Road, Luton, LU3 2NL
Phone: 01582936598
| Price Paid | Date |
|---|---|
| £205,000 | 6 Dec 2019 |
| £210,000 | 30 Jun 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 56 sq meters or 602 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 December 2019 the House Price Index for LUTON was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £205,000 results in an estimated price of approximately £251,486.
| 6 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.676 % | £205,000 | £46,486 | £251,486 |
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 | 47.728 % | £97,842 | £302,842 |
| 3 Month Average | 10.875 % | £22,294 | £227,294 |
| 6 Month Average | 30.430 % | £62,381 | £267,381 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £204,186 | £202,400 | 34 LEAFIELD |
| 19 Jan 2023 | £275,701 | £277,000 | 63 MARSH ROAD |
| 28 Nov 2022 | £1,333,843 | £1,350,000 | 76 - 88 MARSH ROAD |
| 16 Sep 2022 | £143,838 | £145,000 | 17 WORCESTER HOUSE LEAFIELD |
| 9 Sep 2022 | £694,393 | £700,000 | 8 MARSH ROAD |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 4 May 2017. Using an estimated price of £251,487 means this house is valued at £4,490 per sq meter (£417 per sq foot).
The average size of a house on NORTON ROAD is 86 sq meters (932 sq feet).
This house is the smallest in the street with a floor area of 56 sq meters (602 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Patricia Court |
| Apr 2024 | Anti-social behaviour | On or near Leafield | |
| Apr 2024 | Robbery | Unable to prosecute suspect | On or near Leafield |
| Apr 2024 | Anti-social behaviour | On or near Leafield | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Leafield |