£287,231
This estimated value is based upon the latest sale price for the house of £218,000 on 4 Nov 2016. This value is then adjusted by the current Official House Price Index for LUTON 1
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208 Marsh Road, Luton, LU3 2QW
Phone: 01582955880
Price Paid | Date |
---|---|
£218,000 | 4 Nov 2016 |
Terraced |
Freehold |
Floor Area: 79 sq meters or 850 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 November 2016 the House Price Index for LUTON was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £218,000 results in an estimated price of approximately £287,231.
4 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.8 | 148.6 | 31.758 % | £218,000 | £69,231 | £287,231 |
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 | 59.201 % | £129,058 | £347,058 |
3 Month Average | 18.965 % | £41,343 | £259,343 |
6 Month Average | 40.505 % | £88,300 | £306,300 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £268,982 | £265,000 | 64 SYLAM CLOSE |
5 Aug 2022 | £284,235 | £285,000 | 115 THRALES CLOSE |
19 May 2022 | £152,881 | £150,000 | 4 FITZWARIN CLOSE |
22 Feb 2022 | £262,174 | £250,000 | 44 WALEYS CLOSE |
14 Jan 2022 | £236,792 | £225,000 | 65 SYLAM CLOSE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 5 Jul 2016. Using an estimated price of £287,232 means this house is valued at £3,635 per sq meter (£337 per sq foot).
The average size of a house on SYLAM CLOSE is 85 sq meters (921 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sylam Close |
Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Sylam Close |
Apr 2024 | Drugs | Under investigation | On or near Fitzwarin Close |
Apr 2024 | Possession of weapons | Under investigation | On or near Fitzwarin Close |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fitzwarin Close |