£215,550
This estimated value is based upon the latest sale price for the house of £126,500 on 20 Dec 2012. 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 |
|---|---|
| £126,500 | 20 Dec 2012 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 2012 the House Price Index for LUTON was 87.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.396%.Applying this 70.396% change to the original purchase price of £126,500 results in an estimated price of approximately £215,550.
| 20 Dec 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.9 | 149.7 | 70.396 % | £126,500 | £89,050 | £215,550 |
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 | 85.740 % | £108,461 | £234,961 |
| 3 Month Average | 79.742 % | £100,873 | £227,373 |
| 6 Month Average | 86.656 % | £109,619 | £236,119 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Sep 2023 | £276,086 | £270,000 | 15 GARDENIA AVENUE |
| 28 Apr 2023 | £234,384 | £230,000 | 5 GARDENIA AVENUE |
| 24 Jan 2023 | £310,831 | £310,000 | 53 GARDENIA AVENUE |
| 17 Jun 2022 | £291,225 | £285,000 | 7A GARDENIA AVENUE |
| 18 Feb 2022 | £242,985 | £230,000 | 7 NORTON ROAD |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 8 Sep 2012. Using an estimated price of £215,551 means this house is valued at £2,317 per sq meter (£215 per sq foot).
The average size of a house on GARDENIA AVENUE is 77 sq meters (830 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cuffley Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Cuffley Close |
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Cuffley Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cuffley Close |
| May 2024 | Robbery | Unable to prosecute suspect | On or near Cuffley Close |