£335,612
This estimated value is based upon the latest sale price for the house of £241,000 on 25 Nov 2015. 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 |
|---|---|
| £241,000 | 25 Nov 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 November 2015 the House Price Index for LUTON was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £241,000 results in an estimated price of approximately £335,612.
| 25 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.6 | 39.258 % | £241,000 | £94,612 | £335,612 |
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 | 98.356 % | £237,037 | £478,037 |
| 3 Month Average | 34.399 % | £82,900 | £323,900 |
| 6 Month Average | 56.955 % | £137,262 | £378,262 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £329,209 | £325,000 | 76 BLACK SWAN LANE |
| 27 Sep 2023 | £339,339 | £335,000 | 68 BLACK SWAN LANE |
| 6 Apr 2023 | £353,810 | £350,000 | 19 ALDHOUS CLOSE |
| 31 Oct 2022 | £283,448 | £286,500 | 31 RUNFOLD AVENUE |
| 29 Jun 2022 | £405,734 | £400,000 | 33A BLACK SWAN LANE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 17 Dec 2014. Using an estimated price of £335,613 means this house is valued at £3,902 per sq meter (£362 per sq foot).
There is one other house on the street which we know the size of, this is 1 ALDHOUS CLOSE it is 99.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Aldhous Close |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Aldhous Close |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Fenwick Close |
| Feb 2024 | Anti-social behaviour | On or near Black Swan Lane | |
| Feb 2024 | Anti-social behaviour | On or near Black Swan Lane |