£284,101
This estimated value is based upon the latest sale price for the house of £228,000 on 20 Aug 2018. 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 |
|---|---|
| £228,000 | 20 Aug 2018 |
| £138,500 | 23 May 2005 |
| £116,000 | 23 Jun 2003 |
| £51,500 | 23 Dec 1997 |
| Terraced |
| Freehold |
| Floor Area: 59 sq meters or 635 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 2018 the House Price Index for LUTON was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £228,000 results in an estimated price of approximately £284,101.
| 20 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 149.7 | 24.606 % | £228,000 | £56,101 | £284,101 |
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 | 22.940 % | £52,304 | £280,304 |
| 3 Month Average | 14.865 % | £33,892 | £261,892 |
| 6 Month Average | 16.682 % | £38,034 | £266,034 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £216,657 | £210,000 | 27 MEES CLOSE |
| 6 Oct 2023 | £347,902 | £340,000 | 11 MEES CLOSE |
| 8 Sep 2023 | £398,791 | £390,000 | 38 KIRBY DRIVE |
| 1 Jun 2022 | £459,829 | £450,000 | 9 MEES CLOSE |
| 31 May 2022 | £410,700 | £400,000 | 53 WHITEHAVEN |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 27 Apr 2015. Using an estimated price of £284,102 means this house is valued at £4,815 per sq meter (£447 per sq foot).
The average size of a house on MEES CLOSE is 75 sq meters (813 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Albury 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 |
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Burford Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Harlestone Close |