£401,920
This estimated value is based upon the latest sale price for the house of £325,000 on 12 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 |
|---|---|
| £325,000 | 12 Apr 2019 |
| £232,000 | 19 Oct 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 £325,000 results in an estimated price of approximately £401,920.
| 12 Apr 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.668 % | £325,000 | £76,920 | £401,920 |
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 % | £159,991 | £484,991 |
| 3 Month Average | 13.419 % | £43,612 | £368,612 |
| 6 Month Average | 27.629 % | £89,795 | £414,795 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Mar 2023 | £257,425 | £255,000 | 140 LIMBURY ROAD |
| 17 Feb 2023 | £304,795 | £305,000 | 40 WINDERMERE CRESCENT |
| 16 Feb 2023 | £171,884 | £172,000 | 11 QUILTER CLOSE |
| 30 Nov 2022 | £177,846 | £180,000 | 58 QUILTER CLOSE |
| 5 Aug 2022 | £289,221 | £290,000 | 26 WINDERMERE CRESCENT |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 10 Jul 2018. Using an estimated price of £401,921 means this house is valued at £3,556 per sq meter (£330 per sq foot).
The average size of a house on LIMBURY ROAD is 89 sq meters (966 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Limbury Road |
| Mar 2024 | Drugs | Unable to prosecute suspect | On or near Limbury Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Quilter Close |
| Mar 2024 | Anti-social behaviour | On or near Quilter Close | |
| Mar 2024 | Other crime | Under investigation | On or near Quilter Close |