£306,456
This estimated value is based upon the latest sale price for the house of £54,000 on 15 Apr 1996. 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 |
---|---|
£54,000 | 15 Apr 1996 |
Semi-Detached |
Freehold |
Floor Area: 82 sq meters or 882 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 April 1996 the House Price Index for LUTON was 26.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 467.512%.Applying this 467.512% change to the original purchase price of £54,000 results in an estimated price of approximately £306,456.
15 Apr 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.4 | 149.7 | 467.512 % | £54,000 | £252,456 | £306,456 |
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 | 587.961 % | £317,498 | £371,498 |
3 Month Average | 541.361 % | £292,335 | £346,335 |
6 Month Average | 523.669 % | £282,781 | £336,781 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2022 | £401,482 | £387,000 | 18 LEATHWAITE CLOSE |
1 Apr 2022 | £363,098 | £350,000 | 11 BUNYANS CLOSE |
22 Dec 2021 | £372,361 | £345,000 | 56 WATERMEAD ROAD |
15 Nov 2021 | £332,303 | £305,000 | 8 BUNYANS CLOSE |
12 Nov 2021 | £381,332 | £350,000 | 45 CALVERTON ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 18 Oct 2017. Using an estimated price of £306,456 means this house is valued at £3,737 per sq meter (£347 per sq foot).
The average size of a house on WATERMEAD ROAD is 96 sq meters (1,041 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Leathwaite Close |
Apr 2024 | Other crime | Unable to prosecute suspect | On or near Monton Close |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Monton Close |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Calverton Road |
Jun 2024 | Drugs | Under investigation | On or near Calverton Road |