£311,024
This estimated value is based upon the latest sale price for the house of £251,500 on 1 Apr 2019. 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 |
|---|---|
| £251,500 | 1 Apr 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 April 2019 the House Price Index for LUTON was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.668%.Applying this 23.668% change to the original purchase price of £251,500 results in an estimated price of approximately £311,024.
| 1 Apr 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.668 % | £251,500 | £59,524 | £311,024 |
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 | 49.228 % | £123,808 | £375,308 |
| 3 Month Average | 13.419 % | £33,749 | £285,249 |
| 6 Month Average | 27.629 % | £69,487 | £320,987 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Aug 2023 | £363,177 | £360,000 | 10 CALVERTON ROAD |
| 31 Jul 2023 | £354,775 | £350,000 | 372 ICKNIELD WAY |
| 17 Mar 2023 | £272,568 | £270,000 | 11 CALVERTON ROAD |
| 17 Feb 2023 | £349,765 | £350,000 | 78 NEVILLE ROAD |
| 3 Feb 2023 | £249,832 | £250,000 | 66 NEVILLE ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 9 Nov 2018. Using an estimated price of £311,025 means this house is valued at £3,702 per sq meter (£343 per sq foot).
The average size of a house on NEVILLE ROAD is 92 sq meters (1,000 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Riverside Road |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Carsdale Close |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Carsdale Close |
| Feb 2024 | Criminal damage and arson | Awaiting court outcome | On or near Carsdale Close |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Carsdale Close |