£346,165
This estimated value is based upon the latest sale price for the house of £260,000 on 26 Aug 2016. 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 |
|---|---|
| £260,000 | 26 Aug 2016 |
| £193,500 | 6 Jul 2015 |
| £140,000 | 12 Dec 2008 |
| 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 August 2016 the House Price Index for LUTON was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £260,000 results in an estimated price of approximately £346,165.
| 26 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £260,000 | £86,165 | £346,165 |
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 | 62.295 % | £161,967 | £421,967 |
| 3 Month Average | 25.979 % | £67,544 | £327,544 |
| 6 Month Average | 42.489 % | £110,470 | £370,470 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £456,762 | £450,000 | 1 CANTERBURY COURT CANTERBURY CLOSE |
| 25 Aug 2023 | £204,186 | £202,400 | 34 LEAFIELD |
| 24 Feb 2023 | £159,892 | £160,000 | 19 WORCESTER HOUSE LEAFIELD |
| 2 Feb 2023 | £344,768 | £345,000 | 6 THORNEYCROFT CLOSE |
| 16 Sep 2022 | £143,838 | £145,000 | 17 WORCESTER HOUSE LEAFIELD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | Formal action is not in the public interest | On or near Thorneycroft Close |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Thorneycroft Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Thorneycroft Close |