£307,371
This estimated value is based upon the latest sale price for the house of £177,000 on 5 Jun 2006. 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 |
|---|---|
| £177,000 | 5 Jun 2006 |
| £162,500 | 27 Feb 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 933 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 2006 the House Price Index for LUTON was 85.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 73.656%.Applying this 73.656% change to the original purchase price of £177,000 results in an estimated price of approximately £307,371.
| 5 Jun 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.6 | 148.6 | 73.656 % | £177,000 | £130,371 | £307,371 |
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 | 147.406 % | £260,909 | £437,909 |
| 3 Month Average | 78.381 % | £138,734 | £315,734 |
| 6 Month Average | 109.246 % | £193,366 | £370,366 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £340,966 | £335,000 | 64 ALDER CRESCENT |
| 11 Dec 2023 | £320,610 | £315,000 | 22 ST JOSEPHS CLOSE |
| 7 Aug 2023 | £443,883 | £440,000 | 23 ST JOSEPHS CLOSE |
| 10 Jan 2023 | £398,125 | £400,000 | 104 BLUNDELL ROAD |
| 17 Nov 2022 | £375,452 | £380,000 | 7 ST JOSEPHS CLOSE |
This house has a floor area of 86 sq meters or 933 sq feet when measured on 25 Mar 2010. Using an estimated price of £307,371 means this house is valued at £3,546 per sq meter (£329 per sq foot).
The average size of a house on BLUNDELL ROAD is 88 sq meters (955 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Blundell Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Blundell Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Blundell Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Blundell Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Blundell Road |