£507,174
This estimated value is based upon the latest sale price for the house of £455,000 on 29 Oct 2021. This value is then adjusted by the current Official House Price Index for LUTON 1
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3 Nursery Parade, Marsh Road, Luton, LU3 2QP
Phone: 01582955774
| Price Paid | Date |
|---|---|
| £455,000 | 29 Oct 2021 |
| £100,000 | 23 May 1997 |
| Detached |
| Freehold |
| Floor Area: 127 sq meters or 1,367 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 October 2021 the House Price Index for LUTON was 134.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 11.467%.Applying this 11.467% change to the original purchase price of £455,000 results in an estimated price of approximately £507,174.
| 29 Oct 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 149.7 | 11.467 % | £455,000 | £52,174 | £507,174 |
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 | -2.563 % | £-11,663 | £443,336 |
| 3 Month Average | 1.944 % | £8,843 | £463,843 |
| 6 Month Average | 2.702 % | £12,293 | £467,293 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £216,657 | £210,000 | 27 MEES CLOSE |
| 6 Oct 2023 | £347,902 | £340,000 | 11 MEES CLOSE |
| 10 Feb 2023 | £291,950 | £290,000 | 20 HARLESTONE CLOSE |
| 27 Jan 2023 | £192,514 | £192,000 | 36 HARLESTONE CLOSE |
| 11 Nov 2022 | £303,580 | £305,000 | 9 HARLESTONE CLOSE |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 4 Oct 2016. Using an estimated price of £507,174 means this house is valued at £3,993 per sq meter (£371 per sq foot).
The average size of a house on BURFORD CLOSE is 138 sq meters (1,492 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Burford Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Harlestone Close |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Harlestone Close |
| Jul 2024 | Anti-social behaviour | On or near Catesby Green | |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Albury Close |