£271,387
This estimated value is based upon the latest sale price for the house of £220,000 on 17 Dec 2018. This value is then adjusted by the current Official House Price Index for LUTON 1
Get our free house price tracker.
3 Nursery Parade, Marsh Road, Luton, LU3 2QP
Phone: 01582955774
| Price Paid | Date |
|---|---|
| £220,000 | 17 Dec 2018 |
| Terraced |
| Freehold |
| Floor Area: 62 sq meters or 667 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 2018 the House Price Index for LUTON was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £220,000 results in an estimated price of approximately £271,387.
| 17 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.358 % | £220,000 | £51,387 | £271,387 |
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 | 42.643 % | £93,814 | £313,814 |
| 3 Month Average | 10.910 % | £24,002 | £244,002 |
| 6 Month Average | 28.074 % | £61,762 | £281,762 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £142,493 | £140,000 | 28 KATHLEEN COURT SARUM ROAD |
| 25 Aug 2023 | £191,677 | £190,000 | 14 KATHLEEN COURT SARUM ROAD |
| 30 Jun 2023 | £172,084 | £170,000 | 22 KATHLEEN COURT SARUM ROAD |
| 9 May 2022 | £201,802 | £198,000 | 18 KATHLEEN COURT SARUM ROAD |
| 25 Mar 2022 | £150,258 | £145,000 | 52 KATHLEEN COURT SARUM ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 31 May 2018. Using an estimated price of £271,387 means this house is valued at £4,377 per sq meter (£406 per sq foot).
The average size of a house on MOSTYN ROAD is 75 sq meters (809 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mostyn Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mostyn Road |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Mostyn Road |
| Mar 2024 | Other theft | Under investigation | On or near Mostyn Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mostyn Road |