£232,886
This estimated value is based upon the latest sale price for the house of £125,000 on 5 May 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 |
|---|---|
| £125,000 | 5 May 2009 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 May 2009 the House Price Index for LUTON was 80.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 86.309%.Applying this 86.309% change to the original purchase price of £125,000 results in an estimated price of approximately £232,886.
| 5 May 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 149.7 | 86.309 % | £125,000 | £107,886 | £232,886 |
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 | 106.488 % | £133,109 | £258,109 |
| 3 Month Average | 106.628 % | £133,285 | £258,285 |
| 6 Month Average | 104.427 % | £130,533 | £255,533 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £290,940 | £282,000 | 139 RUNFOLD AVENUE |
| 23 Nov 2023 | £170,324 | £166,000 | 14 CAVALIER CLOSE |
| 13 Oct 2023 | £306,972 | £300,000 | 17 PARYS ROAD |
| 6 Oct 2023 | £319,762 | £312,500 | 133 RUNFOLD AVENUE |
| 31 Oct 2022 | £285,546 | £286,500 | 31 RUNFOLD AVENUE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 1 Mar 2019. Using an estimated price of £232,886 means this house is valued at £3,105 per sq meter (£288 per sq foot).
The average size of a house on RUNFOLD AVENUE is 81 sq meters (876 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Runfold Avenue | |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Cavalier Close |
| Apr 2024 | Violence and sexual offences | Local resolution | On or near Cavalier Close |
| Apr 2024 | Criminal damage and arson | Local resolution | On or near Cavalier Close |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Parys Road |