£376,404
This estimated value is based upon the latest sale price for the house of £261,500 on 24 Jul 2015. 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 |
|---|---|
| £261,500 | 24 Jul 2015 |
| Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 July 2015 the House Price Index for LUTON was 103.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 43.941%.Applying this 43.941% change to the original purchase price of £261,500 results in an estimated price of approximately £376,404.
| 24 Jul 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 148.6 | 43.941 % | £261,500 | £114,904 | £376,404 |
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 | 82.553 % | £215,875 | £477,375 |
| 3 Month Average | 43.758 % | £114,427 | £375,927 |
| 6 Month Average | 69.714 % | £182,301 | £443,801 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Sep 2023 | £541,929 | £535,000 | 15 GILDER CLOSE |
| 30 Nov 2021 | £473,703 | £438,000 | 35 KERSHAW CLOSE |
| 14 Jun 2021 | £439,899 | £410,000 | 34 KERSHAW CLOSE |
| 3 Dec 2020 | £344,314 | £300,000 | 20 KIRBY DRIVE |
| 20 Nov 2020 | £408,092 | £352,000 | 34 KIRBY DRIVE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 13 May 2015. Using an estimated price of £376,405 means this house is valued at £4,428 per sq meter (£411 per sq foot).
The average size of a house on KIRBY DRIVE is 106 sq meters (1,151 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Kershaw Close | |
| Mar 2024 | Anti-social behaviour | On or near Kershaw Close | |
| Jan 2024 | Anti-social behaviour | On or near Allendale | |
| Jan 2024 | Anti-social behaviour | On or near Allendale | |
| Jan 2024 | Anti-social behaviour | On or near Allendale |