£202,112
This estimated value is based upon the latest sale price for the house of £125,000 on 6 Dec 2013. 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 |
|---|---|
| £125,000 | 6 Dec 2013 |
| £120,000 | 14 Oct 2005 |
| £96,950 | 12 Sep 2002 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 December 2013 the House Price Index for LUTON was 92.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 61.690%.Applying this 61.690% change to the original purchase price of £125,000 results in an estimated price of approximately £202,112.
| 6 Dec 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 149.7 | 61.690 % | £125,000 | £77,112 | £202,112 |
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 | 87.005 % | £108,756 | £233,756 |
| 3 Month Average | 74.843 % | £93,554 | £218,554 |
| 6 Month Average | 70.958 % | £88,697 | £213,697 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £187,253 | £182,500 | 6 WEXHAM CLOSE |
| 1 Sep 2023 | £265,861 | £260,000 | 85 MORRIS CLOSE |
| 3 Apr 2023 | £305,718 | £300,000 | 85 WEXHAM CLOSE |
| 10 Nov 2022 | £303,580 | £305,000 | 100 DENHAM CLOSE |
| 30 Sep 2022 | £299,800 | £300,000 | 105 MORRIS CLOSE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 29 Jul 2013. Using an estimated price of £202,112 means this house is valued at £2,323 per sq meter (£215 per sq foot).
The average size of a house on WEXHAM CLOSE is 95 sq meters (1,027 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wexham Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wexham Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wexham Close |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Denham Close |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Denham Close |