£472,069
This estimated value is based upon the latest sale price for the house of £277,500 on 29 Oct 2010. This value is then adjusted by the current Official House Price Index for LUTON 1
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3 Nursery Parade, Marsh Road, Luton, LU3 2QP
Phone: 01582955774
| Price Paid | Date |
|---|---|
| £277,500 | 29 Oct 2010 |
| £182,500 | 29 Sep 2000 |
| £127,000 | 14 Jul 1997 |
| Detached |
| Freehold |
| Floor Area: 132 sq meters or 1,423 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 October 2010 the House Price Index for LUTON was 87.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.115%.Applying this 70.115% change to the original purchase price of £277,500 results in an estimated price of approximately £472,069.
| 29 Oct 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.4 | 148.6 | 70.115 % | £277,500 | £194,569 | £472,069 |
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 | 141.478 % | £392,600 | £670,100 |
| 3 Month Average | 73.781 % | £204,741 | £482,241 |
| 6 Month Average | 96.840 % | £268,731 | £546,231 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2023 | £211,997 | £210,000 | 15 HARLESTONE CLOSE |
| 10 Feb 2023 | £289,805 | £290,000 | 20 HARLESTONE CLOSE |
| 27 Jan 2023 | £191,100 | £192,000 | 36 HARLESTONE CLOSE |
| 11 Nov 2022 | £301,350 | £305,000 | 9 HARLESTONE CLOSE |
| 19 Aug 2022 | £311,162 | £312,000 | 8 HARLESTONE CLOSE |
This house has a floor area of 132 sq meters or 1,423 sq feet when measured on 10 Mar 2010. Using an estimated price of £472,070 means this house is valued at £3,570 per sq meter (£331 per sq foot).
The average size of a house on BURFORD CLOSE is 138 sq meters (1,492 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Burford Close |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Mees Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Albury Close |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Albury Close |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Whitehaven |