£309,882
This estimated value is based upon the latest sale price for the house of £270,000 on 10 Dec 2020. 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 |
|---|---|
| £270,000 | 10 Dec 2020 |
| £211,500 | 28 Feb 2014 |
| £150,000 | 10 Jun 2011 |
| £149,000 | 28 Apr 2009 |
| Detached |
| Freehold |
| Floor Area: 116 sq meters or 1,248 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 December 2020 the House Price Index for LUTON was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £270,000 results in an estimated price of approximately £309,882.
| 10 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £270,000 | £39,882 | £309,882 |
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 | 51.303 % | £138,517 | £408,517 |
| 3 Month Average | 4.463 % | £12,049 | £282,049 |
| 6 Month Average | 18.888 % | £50,998 | £320,998 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £479,192 | £475,000 | 3 NEVILLE ROAD PASSAGE |
| 23 Feb 2023 | £354,761 | £355,000 | 4 NEVILLE ROAD |
| 16 Feb 2023 | £354,761 | £355,000 | 6 THE CLOSE |
| 11 May 2022 | £203,841 | £200,000 | 5 BLACK SWAN LANE |
| 9 May 2022 | £356,722 | £350,000 | 18 THE CLOSE |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 2 Jul 2014. Using an estimated price of £309,883 means this house is valued at £2,671 per sq meter (£248 per sq foot).
The average size of a house on NEVILLE ROAD is 92 sq meters (1,000 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Close |
| Mar 2024 | Vehicle crime | Under investigation | On or near The Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Close |
| Jan 2024 | Anti-social behaviour | On or near The Close | |
| Jan 2024 | Anti-social behaviour | On or near The Close |