£314,285
This estimated value is based upon the latest sale price for the house of £250,000 on 7 Dec 2017. 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 |
|---|---|
| £250,000 | 7 Dec 2017 |
| £142,000 | 21 Apr 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 782 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 2017 the House Price Index for LUTON was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £250,000 results in an estimated price of approximately £314,285.
| 7 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 148.6 | 25.714 % | £250,000 | £64,285 | £314,285 |
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 | 36.202 % | £90,504 | £340,504 |
| 3 Month Average | 12.078 % | £30,193 | £280,193 |
| 6 Month Average | 32.739 % | £81,847 | £331,847 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £340,966 | £335,000 | 64 ALDER CRESCENT |
| 11 Dec 2023 | £320,610 | £315,000 | 22 ST JOSEPHS CLOSE |
| 7 Aug 2023 | £443,883 | £440,000 | 23 ST JOSEPHS CLOSE |
| 10 Jan 2023 | £398,125 | £400,000 | 104 BLUNDELL ROAD |
| 17 Nov 2022 | £375,452 | £380,000 | 7 ST JOSEPHS CLOSE |
This house has a floor area of 72 sq meters or 782 sq feet when measured on 19 Mar 2011. Using an estimated price of £314,285 means this house is valued at £4,324 per sq meter (£401 per sq foot).
The average size of a house on BLUNDELL ROAD is 88 sq meters (955 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Blundell Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Blundell Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Blundell Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Blundell Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Blundell Road |