£206,246
This estimated value is based upon the latest sale price for the house of £41,000 on 5 Sep 1997. This value is then adjusted by the current Official House Price Index for LUTON 1
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208 Marsh Road, Luton, LU3 2QW
Phone: 01582955880
| Price Paid | Date |
|---|---|
| £41,000 | 5 Sep 1997 |
| Terraced |
| Freehold |
| Floor Area: 67 sq meters or 721 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 1997 the House Price Index for LUTON was 29.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 403.041%.Applying this 403.041% change to the original purchase price of £41,000 results in an estimated price of approximately £206,246.
| 5 Sep 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.8 | 149.7 | 403.041 % | £41,000 | £165,246 | £206,246 |
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 | 534.617 % | £219,193 | £260,193 |
| 3 Month Average | 437.022 % | £179,179 | £220,179 |
| 6 Month Average | 446.463 % | £183,049 | £224,049 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Jun 2023 | £408,180 | £400,000 | 55 WILLOW WAY |
| 7 Jul 2022 | £328,289 | £325,000 | 236 MARSH ROAD |
| 6 May 2022 | £297,757 | £290,000 | 71 WILLOW WAY |
| 17 Mar 2022 | £99,174 | £95,000 | FLAT 8 THE HEIGHTS MARSH ROAD |
| 29 Oct 2021 | £317,681 | £285,000 | 8 RIVER WAY |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 28 Oct 2013. Using an estimated price of £206,247 means this house is valued at £3,078 per sq meter (£285 per sq foot).
The average size of a house on RIVER WAY is 81 sq meters (873 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Under investigation | On or near River Way |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near River Way |
| Jun 2024 | Anti-social behaviour | On or near River Way | |
| Jun 2024 | Anti-social behaviour | On or near River Way | |
| Jun 2024 | Vehicle crime | Unable to prosecute suspect | On or near River Way |