£275,045
This estimated value is based upon the latest sale price for the house of £225,500 on 27 Jan 2020. This value is then adjusted by the current Official House Price Index for LUTON 1
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3 Nursery Parade, Marsh Road, Luton, LU3 2QP
Phone: 01582955774
| Price Paid | Date |
|---|---|
| £225,500 | 27 Jan 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 61 sq meters or 656 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 January 2020 the House Price Index for LUTON was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £225,500 results in an estimated price of approximately £275,045.
| 27 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.6 | 21.971 % | £225,500 | £49,545 | £275,045 |
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 | 46.678 % | £105,258 | £330,758 |
| 3 Month Average | 11.679 % | £26,335 | £251,835 |
| 6 Month Average | 27.841 % | £62,781 | £288,281 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £345,109 | £340,000 | 56 WELTMORE ROAD |
| 3 Jul 2023 | £283,820 | £280,000 | 58 WELTMORE ROAD |
| 15 Jun 2023 | £379,598 | £375,000 | 78 WILLOW WAY |
| 10 Mar 2023 | £301,541 | £298,700 | 128 WILLOW WAY |
| 10 Mar 2023 | £343,234 | £340,000 | 73 WELTMORE ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 30 Jul 2019. Using an estimated price of £275,046 means this house is valued at £4,508 per sq meter (£418 per sq foot).
The average size of a house on FOSTON CLOSE is 98 sq meters (1,060 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Foston Close |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Foston Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Foston Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Foston Close |
| Feb 2024 | Other crime | Awaiting court outcome | On or near Foston Close |