£443,403
This estimated value is based upon the latest sale price for the house of £362,500 on 22 May 2020. 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 |
---|---|
£362,500 | 22 May 2020 |
Detached |
Freehold |
Floor Area: 99 sq meters or 1,065 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 May 2020 the House Price Index for LUTON was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.318%.Applying this 22.318% change to the original purchase price of £362,500 results in an estimated price of approximately £443,403.
22 May 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 148.6 | 22.318 % | £362,500 | £80,903 | £443,403 |
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 | 64.891 % | £235,228 | £597,728 |
3 Month Average | 3.473 % | £12,589 | £375,089 |
6 Month Average | 24.529 % | £88,918 | £451,418 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Sep 2023 | £395,051 | £390,000 | 38 KIRBY DRIVE |
28 Jul 2023 | £496,685 | £490,000 | 60 KIRBY DRIVE |
15 Jul 2022 | £438,180 | £437,000 | 31 SWORDER CLOSE |
1 Jun 2022 | £456,451 | £450,000 | 9 MEES CLOSE |
31 May 2022 | £407,682 | £400,000 | 53 WHITEHAVEN |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 14 Jan 2020. Using an estimated price of £443,403 means this house is valued at £4,478 per sq meter (£416 per sq foot).
The average size of a house on SWORDER CLOSE is 118 sq meters (1,277 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sworder Close |
Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Mees Close |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ames Close |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Whitehaven |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Albury Close |