£228,094
This estimated value is based upon the latest sale price for the house of £86,500 on 31 Oct 2002. 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 |
|---|---|
| £86,500 | 31 Oct 2002 |
| Terraced |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 October 2002 the House Price Index for LUTON was 56.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 163.693%.Applying this 163.693% change to the original purchase price of £86,500 results in an estimated price of approximately £228,094.
| 31 Oct 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 56.4 | 148.6 | 163.693 % | £86,500 | £141,594 | £228,094 |
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 | 227.046 % | £196,394 | £282,894 |
| 3 Month Average | 142.614 % | £123,361 | £209,861 |
| 6 Month Average | 200.057 % | £173,049 | £259,549 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £185,243 | £182,500 | 6 WEXHAM CLOSE |
| 1 Sep 2023 | £263,367 | £260,000 | 85 MORRIS CLOSE |
| 10 Nov 2022 | £301,350 | £305,000 | 100 DENHAM CLOSE |
| 30 Sep 2022 | £297,597 | £300,000 | 105 MORRIS CLOSE |
| 29 Apr 2022 | £267,748 | £260,000 | 69 DENHAM CLOSE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 7 Jan 2020. Using an estimated price of £228,094 means this house is valued at £2,327 per sq meter (£216 per sq foot).
The average size of a house on MORRIS CLOSE is 92 sq meters (992 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Morris Close |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Morris Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Morris Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Morris Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Morris Close |