£191,891
This estimated value is based upon the latest sale price for the house of £152,000 on 29 Mar 2018. 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 |
|---|---|
| £152,000 | 29 Mar 2018 |
| £130,000 | 18 Jan 2016 |
| £112,500 | 17 Mar 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 49 sq meters or 530 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 March 2018 the House Price Index for LUTON was 118.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.245%.Applying this 26.245% change to the original purchase price of £152,000 results in an estimated price of approximately £191,891.
| 29 Mar 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 149.7 | 26.245 % | £152,000 | £39,891 | £191,891 |
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 | 46.271 % | £70,331 | £222,331 |
| 3 Month Average | 19.272 % | £29,292 | £181,292 |
| 6 Month Average | 20.289 % | £30,839 | £182,839 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £175,877 | £172,000 | 35 HOWARD CLOSE |
| 11 Nov 2022 | £154,279 | £155,000 | 24A LETCHWORTH ROAD |
| 17 Dec 2021 | £159,198 | £147,500 | FLAT 4 121 GARDENIA AVENUE |
| 20 Aug 2021 | £171,953 | £153,000 | 14 GARDEN COURT GARDENIA AVENUE |
| 6 Aug 2021 | £165,209 | £147,000 | FLAT 6 123 GARDENIA AVENUE |
This house has a floor area of 49 sq meters or 530 sq feet when measured on 16 Oct 2008. Using an estimated price of £191,892 means this house is valued at £3,889 per sq meter (£361 per sq foot).
The average size of a house on GARDENIA AVENUE is 77 sq meters (830 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Under investigation | On or near Garden Court |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Howard Close |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Letchworth Road |