£282,244
This estimated value is based upon the latest sale price for the house of £160,500 on 6 Nov 2009. 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 |
---|---|
£160,500 | 6 Nov 2009 |
Terraced |
Freehold |
Floor Area: 77 sq meters or 828 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 2009 the House Price Index for LUTON was 85.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 75.853%.Applying this 75.853% change to the original purchase price of £160,500 results in an estimated price of approximately £282,244.
6 Nov 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.1 | 149.7 | 75.853 % | £160,500 | £121,744 | £282,244 |
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 | 86.180 % | £138,318 | £298,818 |
3 Month Average | 74.914 % | £120,236 | £280,736 |
6 Month Average | 85.038 % | £136,486 | £296,986 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Nov 2023 | £282,162 | £275,000 | 20 NORTON ROAD |
12 Sep 2023 | £276,086 | £270,000 | 15 GARDENIA AVENUE |
28 Apr 2023 | £234,384 | £230,000 | 5 GARDENIA AVENUE |
24 Jan 2023 | £310,831 | £310,000 | 53 GARDENIA AVENUE |
26 Aug 2022 | £337,579 | £336,000 | 17 NORTON ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 3 Feb 2020. Using an estimated price of £282,244 means this house is valued at £3,665 per sq meter (£340 per sq foot).
The average size of a house on GARDENIA AVENUE is 77 sq meters (830 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gardenia Avenue |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Gardenia Avenue |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Cuffley Close |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cuffley Close |
Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Cuffley Close |