£277,395
This estimated value is based upon the latest sale price for the house of £82,500 on 20 Jul 2001. 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 |
|---|---|
| £82,500 | 20 Jul 2001 |
| £52,000 | 8 Dec 2000 |
| Terraced |
| Freehold |
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 July 2001 the House Price Index for LUTON was 44.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 236.237%.Applying this 236.237% change to the original purchase price of £82,500 results in an estimated price of approximately £277,395.
| 20 Jul 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 44.2 | 148.6 | 236.237 % | £82,500 | £194,895 | £277,395 |
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 | 360.159 % | £297,131 | £379,631 |
| 3 Month Average | 226.037 % | £186,480 | £268,980 |
| 6 Month Average | 282.963 % | £233,444 | £315,944 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Jun 2023 | £379,598 | £375,000 | 78 WILLOW WAY |
| 1 Jun 2023 | £404,905 | £400,000 | 55 WILLOW WAY |
| 31 Mar 2023 | £300,834 | £298,000 | 6 HURST WAY |
| 10 Mar 2023 | £301,541 | £298,700 | 128 WILLOW WAY |
| 5 Jan 2023 | £248,828 | £250,000 | 31 AMBLESIDE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ambleside |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ambleside |
| 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 |