£301,725
This estimated value is based upon the latest sale price for the house of £280,000 on 30 Sep 2021. This value is then adjusted by the current Official House Price Index for LUTON 1
There have been two burglaries within the last year on or near River Way
More crime details
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208 Marsh Road, Luton, LU3 2QW
Phone: 01582955880
| Price Paid | Date |
|---|---|
| £280,000 | 30 Sep 2021 |
| £62,500 | 29 Oct 1999 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 September 2021 the House Price Index for LUTON was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £280,000 results in an estimated price of approximately £301,725.
| 30 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £280,000 | £21,725 | £301,725 |
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 | 34.045 % | £95,326 | £375,326 |
| 3 Month Average | 14.111 % | £39,510 | £319,510 |
| 6 Month Average | 15.753 % | £44,108 | £324,108 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Jun 2023 | £404,905 | £400,000 | 55 WILLOW WAY |
| 7 Jul 2022 | £325,877 | £325,000 | 236 MARSH ROAD |
| 6 May 2022 | £295,569 | £290,000 | 71 WILLOW WAY |
| 29 Oct 2021 | £315,346 | £285,000 | 8 RIVER WAY |
| 30 Sep 2021 | £301,726 | £280,000 | 28 RIVER WAY |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 9 Aug 2021. Using an estimated price of £301,726 means this house is valued at £4,133 per sq meter (£383 per sq foot).
The average size of a house on RIVER WAY is 81 sq meters (873 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Theft from the person | Investigation complete; no suspect identified | On or near River Way |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near River Way |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near River Way |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near River Way |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Willow Way |