£341,083
This estimated value is based upon the latest sale price for the house of £280,000 on 30 Jul 2020. 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 |
---|---|
£280,000 | 30 Jul 2020 |
Semi-Detached |
Freehold |
Floor Area: 68 sq meters or 731 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 July 2020 the House Price Index for LUTON was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £280,000 results in an estimated price of approximately £341,083.
30 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.9 | 149.7 | 21.815 % | £280,000 | £61,083 | £341,083 |
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 | 17.541 % | £49,115 | £329,115 |
3 Month Average | 14.780 % | £41,384 | £321,384 |
6 Month Average | 12.341 % | £34,555 | £314,555 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Sep 2023 | £283,244 | £277,000 | 22 PENDA CLOSE |
2 Mar 2023 | £391,539 | £385,000 | 12 EVEDON CLOSE |
10 Feb 2023 | £442,959 | £440,000 | 1 LAMORNA CLOSE |
12 Aug 2022 | £485,269 | £483,000 | 5 THELBY CLOSE |
16 Dec 2021 | £499,720 | £463,000 | 5 EVEDON CLOSE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 23 Jul 2019. Using an estimated price of £341,083 means this house is valued at £5,015 per sq meter (£465 per sq foot).
The average size of a house on WATERMEAD ROAD is 96 sq meters (1,041 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bramingham Road |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bramingham Road |
May 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Bramingham Road |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bramingham Road |
Jul 2024 | Anti-social behaviour | On or near Lamorna Close |