£86,032
This estimated value is based upon the latest sale price for the house of £18,000 on 4 Mar 1998. This value is then adjusted by the current Official House Price Index for LUTON 1
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208 Marsh Road, Luton, LU3 2QW
Phone: 01582955880
| Price Paid | Date |
|---|---|
| £18,000 | 4 Mar 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 64 sq meters or 688 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 March 1998 the House Price Index for LUTON was 31.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 377.961%.Applying this 377.961% change to the original purchase price of £18,000 results in an estimated price of approximately £86,032.
| 4 Mar 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.1 | 148.6 | 377.961 % | £18,000 | £68,032 | £86,032 |
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 | 645.360 % | £116,164 | £134,164 |
| 3 Month Average | 444.055 % | £79,929 | £97,929 |
| 6 Month Average | 508.736 % | £91,572 | £109,572 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Jun 2023 | £95,153 | £94,000 | 123 COPENHAGEN CLOSE |
| 28 Mar 2023 | £131,236 | £130,000 | 20 BRUSSELS WAY |
| 28 Feb 2023 | £147,900 | £148,000 | 16 COPENHAGEN CLOSE |
| 12 Aug 2022 | £99,732 | £100,000 | 42 COPENHAGEN CLOSE |
| 4 Mar 2022 | £129,533 | £125,000 | 44 COPENHAGEN CLOSE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 24 May 2017. Using an estimated price of £86,033 means this house is valued at £1,344 per sq meter (£124 per sq foot).
The average size of a house on COPENHAGEN CLOSE is 69 sq meters (748 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Copenhagen Close | |
| Apr 2024 | Other theft | Under investigation | On or near Copenhagen Close |
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Copenhagen Close |
| Apr 2024 | Anti-social behaviour | On or near Copenhagen Close | |
| Mar 2024 | Drugs | Under investigation | On or near Copenhagen Close |