£245,555
This estimated value is based upon the latest sale price for the house of £185,000 on 1 Nov 2016. 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 |
|---|---|
| £185,000 | 1 Nov 2016 |
| £135,000 | 22 Feb 2006 |
| £77,500 | 12 Jul 2001 |
| £54,250 | 31 Oct 1997 |
| Terraced |
| Freehold |
| Floor Area: 57 sq meters or 613 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 2016 the House Price Index for LUTON was 112.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.733%.Applying this 32.733% change to the original purchase price of £185,000 results in an estimated price of approximately £245,555.
| 1 Nov 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 149.7 | 32.733 % | £185,000 | £60,555 | £245,555 |
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 | 27.047 % | £50,037 | £235,037 |
| 3 Month Average | 23.427 % | £43,340 | £228,340 |
| 6 Month Average | 29.099 % | £53,833 | £238,833 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Oct 2022 | £285,546 | £286,500 | 31 RUNFOLD AVENUE |
| 25 Aug 2022 | £264,236 | £263,000 | 20 MALLARD GARDENS |
| 11 May 2022 | £205,350 | £200,000 | 5 BLACK SWAN LANE |
| 16 Dec 2021 | £350,775 | £325,000 | 15 RIVERSIDE ROAD |
| 24 Nov 2021 | £359,541 | £330,000 | 7 RIVERSIDE ROAD |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 21 Mar 2011. Using an estimated price of £245,556 means this house is valued at £4,304 per sq meter (£399 per sq foot).
The average size of a house on MALLARD GARDENS is 64 sq meters (692 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Mallard Gardens | |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mallard Gardens |
| May 2024 | Anti-social behaviour | On or near Mallard Gardens | |
| May 2024 | Anti-social behaviour | On or near Mallard Gardens | |
| May 2024 | Anti-social behaviour | On or near Mallard Gardens |