£298,343
This estimated value is based upon the latest sale price for the house of £261,000 on 16 Dec 2020. This value is then adjusted by the current Official House Price Index for LUTON 1
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3 Nursery Parade, Marsh Road, Luton, LU3 2QP
Phone: 01582955774
| Price Paid | Date |
|---|---|
| £261,000 | 16 Dec 2020 |
| £170,000 | 18 Jun 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 67 sq meters or 721 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 December 2020 the House Price Index for LUTON was 129.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 14.308%.Applying this 14.308% change to the original purchase price of £261,000 results in an estimated price of approximately £298,343.
| 16 Dec 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.0 | 14.308 % | £261,000 | £37,343 | £298,343 |
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 | 51.303 % | £133,899 | £394,899 |
| 3 Month Average | 4.463 % | £11,648 | £272,648 |
| 6 Month Average | 18.888 % | £49,298 | £310,298 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £265,014 | £260,000 | 11 REPTON CLOSE |
| 30 Nov 2023 | £326,188 | £322,000 | 5 BRACEBY CLOSE |
| 17 Nov 2023 | £263,907 | £260,000 | 5 ALESIA ROAD |
| 10 Nov 2023 | £344,422 | £340,000 | 56 WELTMORE ROAD |
| 3 Jul 2023 | £282,674 | £280,000 | 58 WELTMORE ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 17 Oct 2019. Using an estimated price of £298,344 means this house is valued at £4,452 per sq meter (£413 per sq foot).
The average size of a house on BRACEBY CLOSE is 87 sq meters (937 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Repton Close |
| Mar 2024 | Other crime | Under investigation | On or near Repton Close |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Repton Close |
| Jan 2024 | Public order | Under investigation | On or near Repton Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Weltmore Road |