£224,790
This estimated value is based upon the latest sale price for the house of £177,000 on 13 Nov 2017. This value is then adjusted by the current Official House Price Index for LUTON 1
Get our free house price tracker.
138 Marsh Road, Luton, LU3 2NL
Phone: 01582936598
| Price Paid | Date |
|---|---|
| £177,000 | 13 Nov 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 624 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 2017 the House Price Index for LUTON was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £177,000 results in an estimated price of approximately £224,790.
| 13 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 149.7 | 27.000 % | £177,000 | £47,790 | £224,790 |
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 | 34.625 % | £61,285 | £238,285 |
| 3 Month Average | 17.051 % | £30,180 | £207,180 |
| 6 Month Average | 20.554 % | £36,380 | £213,380 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £330,145 | £320,000 | 20A BLUNDELL ROAD |
| 12 Sep 2023 | £276,086 | £270,000 | 15 GARDENIA AVENUE |
| 7 Sep 2023 | £61,352 | £60,000 | FLAT 2 KHALID COURT, 7 MARSH ROAD |
| 7 Sep 2023 | £73,623 | £72,000 | FLAT 1 KHALID COURT, 7 MARSH ROAD |
| 28 Apr 2023 | £234,384 | £230,000 | 5 GARDENIA AVENUE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 22 Feb 2017. Using an estimated price of £224,790 means this house is valued at £3,875 per sq meter (£360 per sq foot).
The average size of a house on VARNA CLOSE is 66 sq meters (715 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Varna Close | |
| Jun 2024 | Anti-social behaviour | On or near Varna Close | |
| Jun 2024 | Anti-social behaviour | On or near Varna Close | |
| Jun 2024 | Vehicle crime | Unable to prosecute suspect | On or near Varna Close |
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Varna Close |