£121,306
This estimated value is based upon the latest sale price for the house of £120,000 on 28 Apr 2023. 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 |
|---|---|
| £120,000 | 28 Apr 2023 |
| £150,000 | 27 Mar 2015 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 2023 the House Price Index for LUTON was 147.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.088%.Applying this 1.088% change to the original purchase price of £120,000 results in an estimated price of approximately £121,306.
| 28 Apr 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 148.6 | 1.088 % | £120,000 | £1,306 | £121,306 |
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 | 41.322 % | £49,586 | £169,586 |
| 3 Month Average | -7.876 % | £-9,450 | £110,549 |
| 6 Month Average | 4.003 % | £4,803 | £124,803 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jun 2023 | £303,678 | £300,000 | 58 TRINITY ROAD |
| 28 Apr 2023 | £121,306 | £120,000 | 72 TRINITY ROAD |
| 27 Jan 2023 | £258,781 | £260,000 | 5 TRINITY CLOSE |
| 14 Feb 2022 | £330,339 | £315,000 | 45 TRINITY ROAD |
| 12 Nov 2021 | £378,530 | £350,000 | 13 LONSDALE CLOSE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 17 Jul 2019. Using an estimated price of £121,306 means this house is valued at £1,596 per sq meter (£148 per sq foot).
The average size of a house on TRINITY ROAD is 83 sq meters (899 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Under investigation | On or near Trinity Road |
| Apr 2024 | Public order | Under investigation | On or near Trinity Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Trinity Road |
| Feb 2024 | Anti-social behaviour | On or near Trinity Road | |
| Feb 2024 | Anti-social behaviour | On or near Trinity Road |