£270,083
This estimated value is based upon the latest sale price for the house of £106,500 on 9 Dec 2002. 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 |
|---|---|
| £106,500 | 9 Dec 2002 |
| £50,000 | 23 Apr 1999 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 2002 the House Price Index for LUTON was 58.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 153.600%.Applying this 153.600% change to the original purchase price of £106,500 results in an estimated price of approximately £270,083.
| 9 Dec 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 58.6 | 148.6 | 153.600 % | £106,500 | £163,583 | £270,083 |
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 | 243.759 % | £259,603 | £366,103 |
| 3 Month Average | 142.193 % | £151,435 | £257,935 |
| 6 Month Average | 184.972 % | £196,995 | £303,495 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £264,630 | £260,000 | 11 REPTON CLOSE |
| 7 Dec 2023 | £284,986 | £280,000 | 43 REPTON CLOSE |
| 17 Nov 2023 | £263,907 | £260,000 | 5 ALESIA ROAD |
| 30 Jun 2023 | £283,433 | £280,000 | 15 ALESIA ROAD |
| 24 Apr 2023 | £252,721 | £250,000 | 46 REPTON CLOSE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 22 Feb 2013. Using an estimated price of £270,084 means this house is valued at £3,858 per sq meter (£358 per sq foot).
The average size of a house on ALESIA ROAD is 79 sq meters (855 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Under investigation | On or near Repton Close |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Repton Close |
| Jan 2024 | Public order | Under investigation | On or near Repton Close |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Tiberius Road |
| Mar 2024 | Public order | Under investigation | On or near Axe Close |