£362,971
This estimated value is based upon the latest sale price for the house of £280,000 on 30 May 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 |
---|---|
£280,000 | 30 May 2017 |
Semi-Detached |
Freehold |
Floor Area: 75 sq meters or 807 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 May 2017 the House Price Index for LUTON was 115.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.633%.Applying this 29.633% change to the original purchase price of £280,000 results in an estimated price of approximately £362,971.
30 May 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.5 | 149.7 | 29.633 % | £280,000 | £82,971 | £362,971 |
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 | 37.320 % | £104,496 | £384,496 |
3 Month Average | 20.514 % | £57,438 | £337,438 |
6 Month Average | 25.259 % | £70,724 | £350,724 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £459,107 | £445,000 | 31 ASHFIELD WAY |
14 Aug 2023 | £366,612 | £360,000 | 10 CALVERTON ROAD |
23 Jun 2023 | £392,873 | £385,000 | 29 SWASEDALE ROAD |
21 Jun 2023 | £5,306,339 | £5,200,000 | 333 ICKNIELD WAY |
18 Apr 2023 | £321,004 | £315,000 | 13 ASHFIELD WAY |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 22 Mar 2017. Using an estimated price of £362,972 means this house is valued at £4,839 per sq meter (£449 per sq foot).
The average size of a house on ICKNIELD WAY is 99 sq meters (1,071 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Carsdale Close |
Jun 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Carsdale Close |
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Carsdale Close |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Carsdale Close |
Apr 2024 | Other theft | Unable to prosecute suspect | On or near Sawtry Close |