£266,700
This estimated value is based upon the latest sale price for the house of £210,000 on 17 Nov 2017. 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 |
---|---|
£210,000 | 17 Nov 2017 |
£164,000 | 20 May 2015 |
£138,000 | 19 Jul 2013 |
£120,000 | 31 Jul 2009 |
£132,500 | 15 Sep 2006 |
£51,000 | 26 Nov 1999 |
Terraced |
Freehold |
Floor Area: 75 sq meters or 808 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 November 2017 the House Price Index for LUTON was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £210,000 results in an estimated price of approximately £266,700.
17 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.9 | 149.7 | 27.000 % | £210,000 | £56,700 | £266,700 |
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 | 34.625 % | £72,711 | £282,711 |
3 Month Average | 17.051 % | £35,807 | £245,807 |
6 Month Average | 20.554 % | £43,162 | £253,162 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £175,877 | £172,000 | 35 HOWARD CLOSE |
11 Nov 2022 | £154,279 | £155,000 | 24A LETCHWORTH ROAD |
17 Dec 2021 | £159,198 | £147,500 | FLAT 4 121 GARDENIA AVENUE |
6 Aug 2021 | £165,209 | £147,000 | FLAT 6 123 GARDENIA AVENUE |
30 Jun 2021 | £335,069 | £310,000 | 11 LETCHWORTH ROAD |
This house has a floor area of 75 sq meters or 808 sq feet when measured on 12 Nov 2008. Using an estimated price of £266,700 means this house is valued at £3,552 per sq meter (£330 per sq foot).
The average size of a house on LETCHWORTH ROAD is 80 sq meters (870 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Letchworth Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Howard Close |
Jul 2024 | Other theft | Under investigation | On or near Garden Court |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gardenia Avenue |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Gardenia Avenue |