£240,069
This estimated value is based upon the latest sale price for the house of £140,000 on 30 Jul 2012. 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 |
---|---|
£140,000 | 30 Jul 2012 |
Terraced |
Freehold |
Floor Area: 70 sq meters or 761 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 2012 the House Price Index for LUTON was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.478%.Applying this 71.478% change to the original purchase price of £140,000 results in an estimated price of approximately £240,069.
30 Jul 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.3 | 149.7 | 71.478 % | £140,000 | £100,069 | £240,069 |
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 | 102.537 % | £143,551 | £283,551 |
3 Month Average | 93.392 % | £130,748 | £270,748 |
6 Month Average | 85.996 % | £120,394 | £260,394 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Dec 2023 | £371,413 | £360,000 | 71 LIMBURY ROAD |
6 Nov 2023 | £451,460 | £440,000 | 14 HADLOW DOWN CLOSE |
6 May 2022 | £323,426 | £315,000 | 109 LIMBURY ROAD |
29 Apr 2022 | £357,911 | £345,000 | 17 HADLOW DOWN CLOSE |
1 Apr 2022 | £363,098 | £350,000 | 11 BUNYANS CLOSE |
This house has a floor area of 70 sq meters or 761 sq feet when measured on 13 Jan 2012. Using an estimated price of £240,069 means this house is valued at £3,395 per sq meter (£315 per sq foot).
The average size of a house on WESTMORLAND AVENUE is 89 sq meters (968 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Hadlow Down Close | |
Jun 2024 | Anti-social behaviour | On or near Hadlow Down Close | |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hadlow Down Close |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Viscount Close |
Jun 2024 | Anti-social behaviour | On or near Viscount Close |