£233,250
This estimated value is based upon the latest sale price for the house of £135,000 on 16 Sep 2011. This value is then adjusted by the current Official House Price Index for LUTON 1
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152 Marsh Road, Luton, LU3 2QL
Phone: 01582936767
| Price Paid | Date |
|---|---|
| £135,000 | 16 Sep 2011 |
| £92,000 | 12 Feb 2002 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 888 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 September 2011 the House Price Index for LUTON was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.778%.Applying this 72.778% change to the original purchase price of £135,000 results in an estimated price of approximately £233,250.
| 16 Sep 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.778 % | £135,000 | £98,250 | £233,250 |
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 | 149.791 % | £202,217 | £337,217 |
| 3 Month Average | 69.714 % | £94,113 | £229,113 |
| 6 Month Average | 96.113 % | £129,752 | £264,752 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Mar 2023 | £388,662 | £385,000 | 12 EVEDON CLOSE |
| 24 Feb 2023 | £319,785 | £320,000 | 34 CALVERTON ROAD |
| 10 Feb 2023 | £439,704 | £440,000 | 1 LAMORNA CLOSE |
| 12 Aug 2022 | £481,703 | £483,000 | 5 THELBY CLOSE |
| 16 Dec 2021 | £496,048 | £463,000 | 5 EVEDON CLOSE |
This house has a floor area of 82 sq meters or 888 sq feet when measured on 29 Mar 2010. Using an estimated price of £233,250 means this house is valued at £2,825 per sq meter (£262 per sq foot).
The average size of a house on WATERMEAD ROAD is 96 sq meters (1,041 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Lamorna Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lamorna Close |
| Apr 2024 | Anti-social behaviour | On or near Lamorna Close | |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lamorna Close |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Lamorna Close |