£389,346
This estimated value is based upon the latest sale price for the house of £137,995 on 12 Jul 2002. 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 |
---|---|
£137,995 | 12 Jul 2002 |
Semi-Detached |
Freehold |
Floor Area: 101 sq meters or 1,087 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 July 2002 the House Price Index for LUTON was 53.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 182.145%.Applying this 182.145% change to the original purchase price of £137,995 results in an estimated price of approximately £389,346.
12 Jul 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
53.1 | 149.7 | 182.145 % | £137,995 | £251,351 | £389,346 |
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 | 206.401 % | £284,823 | £422,818 |
3 Month Average | 194.296 % | £268,118 | £406,113 |
6 Month Average | 206.918 % | £285,536 | £423,531 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Aug 2023 | £483,724 | £475,000 | 3 NEVILLE ROAD PASSAGE |
23 Feb 2023 | £357,387 | £355,000 | 4 NEVILLE ROAD |
16 Feb 2023 | £357,387 | £355,000 | 6 THE CLOSE |
25 Aug 2022 | £264,236 | £263,000 | 20 MALLARD GARDENS |
11 May 2022 | £205,350 | £200,000 | 5 BLACK SWAN LANE |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 27 Jun 2017. Using an estimated price of £389,347 means this house is valued at £3,854 per sq meter (£358 per sq foot).
The average size of a house on BLACK SWAN LANE is 102 sq meters (1,106 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Riverside Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Riverside Road |
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Riverside Road |
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 |