£262,293
This estimated value is based upon the latest sale price for the house of £263,000 on 25 Aug 2022. 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 |
|---|---|
| £263,000 | 25 Aug 2022 |
| £122,500 | 17 Jun 2005 |
| £64,000 | 28 Feb 2002 |
| Detached |
| 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 August 2022 the House Price Index for LUTON was 149.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.268%.Applying this -0.268% change to the original purchase price of £263,000 results in an estimated price of approximately £262,293.
| 25 Aug 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 148.6 | -0.268 % | £263,000 | £-706 | £262,293 |
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 | 16.802 % | £44,189 | £307,189 |
| 3 Month Average | -9.322 % | £-24,516 | £238,483 |
| 6 Month Average | 10.643 % | £27,991 | £290,991 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £329,209 | £325,000 | 76 BLACK SWAN LANE |
| 31 Oct 2022 | £283,448 | £286,500 | 31 RUNFOLD AVENUE |
| 25 Aug 2022 | £262,294 | £263,000 | 20 MALLARD GARDENS |
| 11 May 2022 | £203,841 | £200,000 | 5 BLACK SWAN LANE |
| 16 Dec 2021 | £348,198 | £325,000 | 15 RIVERSIDE ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 17 May 2018. Using an estimated price of £262,294 means this house is valued at £4,230 per sq meter (£393 per sq foot).
The average size of a house on MALLARD GARDENS is 64 sq meters (692 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mallard Gardens |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mallard Gardens |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mallard Gardens |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Riverside Road |
| Feb 2024 | Anti-social behaviour | On or near Black Swan Lane |