£153,750
This estimated value is based upon the latest sale price for the house of £120,000 on 5 Jun 2017. 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 | 5 Jun 2017 |
| £93,000 | 27 Apr 2015 |
| £70,000 | 11 May 2012 |
| Flats/Maisonettes |
| Leasehold |
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 2017 the House Price Index for LUTON was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £120,000 results in an estimated price of approximately £153,750.
| 5 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 148.6 | 28.126 % | £120,000 | £33,750 | £153,750 |
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 | 53.546 % | £64,254 | £184,254 |
| 3 Month Average | 22.748 % | £27,297 | £147,297 |
| 6 Month Average | 38.405 % | £46,086 | £166,086 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £329,209 | £325,000 | 76 BLACK SWAN LANE |
| 5 Jun 2023 | £303,678 | £300,000 | 58 TRINITY ROAD |
| 10 Feb 2023 | £380,744 | £381,000 | 25 KINGSLEY ROAD |
| 4 May 2022 | £309,838 | £304,000 | 8 BRACKENDALE GROVE |
| 14 Feb 2022 | £330,339 | £315,000 | 45 TRINITY ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Kingsley Road | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Kingsley Road |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Kingsley Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Kingsley Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brackendale Grove |