£201,151
This estimated value is based upon the latest sale price for the house of £45,950 on 17 Jun 1999. 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 |
---|---|
£45,950 | 17 Jun 1999 |
Semi-Detached |
Freehold |
Floor Area: 51 sq meters or 548 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 June 1999 the House Price Index for LUTON was 33.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 337.762%.Applying this 337.762% change to the original purchase price of £45,950 results in an estimated price of approximately £201,151.
17 Jun 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
33.9 | 148.6 | 337.762 % | £45,950 | £155,201 | £201,151 |
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 | 597.311 % | £274,464 | £320,414 |
3 Month Average | 366.302 % | £168,315 | £214,265 |
6 Month Average | 436.130 % | £200,401 | £246,351 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £298,727 | £293,500 | 181 BRAMINGHAM ROAD |
17 Feb 2022 | £204,495 | £195,000 | 52 MILVERTON GREEN |
30 Sep 2021 | £441,813 | £410,000 | 1 QUICKSWOOD |
2 Jul 2021 | £212,614 | £185,000 | 54 MILVERTON GREEN |
30 Jun 2021 | £193,126 | £180,000 | 28 MILVERTON GREEN |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 23 Sep 2016. Using an estimated price of £201,152 means this house is valued at £3,944 per sq meter (£366 per sq foot).
The average size of a house on MILVERTON GREEN is 66 sq meters (716 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Snowford Close |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Gransden Close |
Jan 2024 | Burglary | Awaiting court outcome | On or near Gransden Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Shanklin Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Shanklin Close |