£228,881
This estimated value is based upon the latest sale price for the house of £145,000 on 11 Feb 2008. 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 |
---|---|
£145,000 | 11 Feb 2008 |
Terraced |
Freehold |
Floor Area: 91 sq meters or 985 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 February 2008 the House Price Index for LUTON was 94.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 57.849%.Applying this 57.849% change to the original purchase price of £145,000 results in an estimated price of approximately £228,881.
11 Feb 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.8 | 149.7 | 57.849 % | £145,000 | £83,881 | £228,881 |
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 | 86.265 % | £125,084 | £270,084 |
3 Month Average | 73.152 % | £106,070 | £251,070 |
6 Month Average | 74.511 % | £108,041 | £253,041 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Sep 2023 | £286,311 | £280,000 | 56 ARROW CLOSE |
27 Apr 2023 | £137,573 | £135,000 | 71 SPEAR CLOSE |
24 Mar 2023 | £137,293 | £135,000 | 63 LEABANK |
25 Nov 2022 | £292,632 | £294,000 | 62 AXE CLOSE |
31 Oct 2022 | £60,199 | £60,400 | 123 ARROW CLOSE |
This house has a floor area of 91 sq meters or 985 sq feet when measured on 9 Jun 2011. Using an estimated price of £228,881 means this house is valued at £2,501 per sq meter (£232 per sq foot).
The average size of a house on ARROW CLOSE is 88 sq meters (948 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Drugs | Under investigation | On or near Arrow Close |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Arrow Close |
Jul 2024 | Anti-social behaviour | On or near Spear Close | |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Spear Close |
Jul 2024 | Anti-social behaviour | On or near Spear Close |