£278,167
This estimated value is based upon the latest sale price for the house of £210,000 on 14 Oct 2016. 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 |
|---|---|
| £210,000 | 14 Oct 2016 |
| Terraced |
| Freehold |
| Floor Area: 58 sq meters or 624 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 2016 the House Price Index for LUTON was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £210,000 results in an estimated price of approximately £278,167.
| 14 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.6 | 32.461 % | £210,000 | £68,167 | £278,167 |
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 | 58.084 % | £121,975 | £331,975 |
| 3 Month Average | 24.174 % | £50,766 | £260,766 |
| 6 Month Average | 42.358 % | £88,951 | £298,951 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Jun 2023 | £404,905 | £400,000 | 55 WILLOW WAY |
| 1 Aug 2022 | £259,302 | £260,000 | 2 NURSERY ROAD |
| 6 May 2022 | £295,569 | £290,000 | 71 WILLOW WAY |
| 5 Apr 2022 | £288,344 | £280,000 | 5 HURST WAY |
| 29 Oct 2021 | £315,346 | £285,000 | 8 RIVER WAY |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 31 Dec 2015. Using an estimated price of £278,167 means this house is valued at £4,795 per sq meter (£445 per sq foot).
The average size of a house on WILLOW WAY is 78 sq meters (843 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Willow Way |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Willow Way |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Willow Way |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Willow Way |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near River Way |