£233,291
This estimated value is based upon the latest sale price for the house of £183,500 on 18 Oct 2017. This value is then adjusted by the current Official House Price Index for LUTON 1
There have been two burglaries within the last year on or near B579
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138 Marsh Road, Luton, LU3 2NL
Phone: 01582936598
| Price Paid | Date |
|---|---|
| £183,500 | 18 Oct 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 October 2017 the House Price Index for LUTON was 117.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.134%.Applying this 27.134% change to the original purchase price of £183,500 results in an estimated price of approximately £233,291.
| 18 Oct 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 149.7 | 27.134 % | £183,500 | £49,791 | £233,291 |
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 | 19.061 % | £34,976 | £218,476 |
| 3 Month Average | 15.192 % | £27,876 | £211,376 |
| 6 Month Average | 20.287 % | £37,226 | £220,726 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £461,720 | £450,000 | 1 CANTERBURY COURT CANTERBURY CLOSE |
| 1 Jun 2023 | £331,646 | £325,000 | 112 MARSH ROAD |
| 10 Mar 2023 | £477,982 | £470,000 | 30 STANMORE CRESCENT |
| 3 Feb 2023 | £444,972 | £442,000 | 57 STANMORE CRESCENT |
| 31 Jan 2023 | £210,563 | £210,000 | 1 CANTERBURY CLOSE |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 16 May 2017. Using an estimated price of £233,291 means this house is valued at £4,860 per sq meter (£451 per sq foot).
The average size of a house on MARSH ROAD is 67 sq meters (721 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near B579 |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near B579 |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near B579 |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near B579 |
| Jul 2024 | Anti-social behaviour | On or near Marsh Road |