£296,651
This estimated value is based upon the latest sale price for the house of £240,000 on 13 Sep 2019. 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 |
|---|---|
| £240,000 | 13 Sep 2019 |
| £152,000 | 30 Sep 2003 |
| £117,500 | 28 Mar 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 48 sq meters or 516 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 2019 the House Price Index for LUTON was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.605%.Applying this 23.605% change to the original purchase price of £240,000 results in an estimated price of approximately £296,651.
| 13 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.605 % | £240,000 | £56,651 | £296,651 |
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 | 28.855 % | £69,250 | £309,250 |
| 3 Month Average | 21.024 % | £50,458 | £290,458 |
| 6 Month Average | 21.561 % | £51,746 | £291,746 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £239,871 | £232,500 | 34 LEAFIELD |
| 31 Oct 2023 | £313,623 | £306,500 | 25 LEAFIELD |
| 31 Oct 2023 | £265,019 | £259,000 | 52 MARSH ROAD |
| 6 Oct 2023 | £138,137 | £135,000 | 23 WORCESTER HOUSE LEAFIELD |
| 7 Sep 2023 | £73,623 | £72,000 | FLAT 1 KHALID COURT, 7 MARSH ROAD |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 20 Jun 2018. Using an estimated price of £296,651 means this house is valued at £6,180 per sq meter (£574 per sq foot).
The average size of a house on MARSH ROAD is 67 sq meters (721 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 |