£341,503
This estimated value is based upon the latest sale price for the house of £160,000 on 27 Feb 2004. 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 |
|---|---|
| £160,000 | 27 Feb 2004 |
| £51,000 | 28 Nov 1997 |
| Semi-Detached |
| Freehold |
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 February 2004 the House Price Index for LUTON was 70.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 113.439%.Applying this 113.439% change to the original purchase price of £160,000 results in an estimated price of approximately £341,503.
| 27 Feb 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 70.1 | 149.7 | 113.439 % | £160,000 | £181,503 | £341,503 |
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 | 129.103 % | £206,564 | £366,564 |
| 3 Month Average | 123.981 % | £198,370 | £358,370 |
| 6 Month Average | 124.249 % | £198,798 | £358,798 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £338,595 | £330,000 | 141 WESTMORLAND AVENUE |
| 13 Oct 2023 | £296,740 | £290,000 | 27 WINDERMERE CRESCENT |
| 17 Feb 2023 | £307,051 | £305,000 | 40 WINDERMERE CRESCENT |
| 5 Aug 2022 | £291,362 | £290,000 | 26 WINDERMERE CRESCENT |
| 1 Jul 2022 | £318,188 | £315,000 | 102 WESTMORLAND AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Westmorland Avenue |
| Jun 2024 | Other crime | Unable to prosecute suspect | On or near Bunyans Close |
| Jun 2024 | Vehicle crime | Unable to prosecute suspect | On or near Bunyans Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Windermere Crescent |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Windermere Crescent |