£339,912
This estimated value is based upon the latest sale price for the house of £275,000 on 20 Sep 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 |
|---|---|
| £275,000 | 20 Sep 2019 |
| £70,000 | 27 Mar 2000 |
| Terraced |
| Freehold |
| Floor Area: 100 sq meters or 1,079 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 September 2019 the House Price Index for LUTON was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.605%.Applying this 23.605% change to the original purchase price of £275,000 results in an estimated price of approximately £339,912.
| 20 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.605 % | £275,000 | £64,912 | £339,912 |
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 | 28.855 % | £79,350 | £354,350 |
| 3 Month Average | 21.024 % | £57,817 | £332,817 |
| 6 Month Average | 21.561 % | £59,292 | £334,292 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £345,620 | £335,000 | 64 ALDER CRESCENT |
| 10 Jan 2023 | £401,072 | £400,000 | 104 BLUNDELL ROAD |
| 27 May 2022 | £400,432 | £390,000 | 80 ALDER CRESCENT |
| 7 Jan 2022 | £339,263 | £320,000 | 58 ALDER CRESCENT |
| 17 Nov 2021 | £435,808 | £400,000 | 114 ALDER CRESCENT |
This house has a floor area of 100 sq meters or 1,079 sq feet when measured on 17 Feb 2010. Using an estimated price of £339,913 means this house is valued at £3,389 per sq meter (£314 per sq foot).
The average size of a house on ALDER CRESCENT is 86 sq meters (929 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |