£136,888
This estimated value is based upon the latest sale price for the house of £45,000 on 1 Mar 2002. 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 |
|---|---|
| £45,000 | 1 Mar 2002 |
| Flats/Maisonettes |
| Leasehold |
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 March 2002 the House Price Index for LUTON was 49.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 204.197%.Applying this 204.197% change to the original purchase price of £45,000 results in an estimated price of approximately £136,888.
| 1 Mar 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 49.2 | 149.7 | 204.197 % | £45,000 | £91,888 | £136,888 |
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 | 235.938 % | £106,172 | £151,172 |
| 3 Month Average | 232.555 % | £104,649 | £149,649 |
| 6 Month Average | 225.832 % | £101,624 | £146,624 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Mar 2024 | £279,291 | £275,000 | 12 JULIUS GARDENS |
| 22 Sep 2023 | £265,861 | £260,000 | 31 JULIUS GARDENS |
| 19 Sep 2023 | £283,244 | £277,000 | 22 PENDA CLOSE |
| 30 Aug 2023 | £303,473 | £298,000 | 4 JULIUS GARDENS |
| 27 Jan 2023 | £285,764 | £285,000 | 17 JULIUS GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Penda Close |
| Apr 2024 | Anti-social behaviour | On or near Freshwater Close | |
| Apr 2024 | Anti-social behaviour | On or near Freshwater Close | |
| Apr 2024 | Anti-social behaviour | On or near Freshwater Close | |
| Apr 2024 | Anti-social behaviour | On or near Freshwater Close |