£280,496
This estimated value is based upon the latest sale price for the house of £52,000 on 13 Dec 1996. This value is then adjusted by the current Official House Price Index for LUTON 1
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152 Marsh Road, Luton, LU3 2QL
Phone: 01582936767
Price Paid | Date |
---|---|
£52,000 | 13 Dec 1996 |
Terraced |
Freehold |
Floor Area: 105 sq meters or 1,130 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 1996 the House Price Index for LUTON was 27.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 439.417%.Applying this 439.417% change to the original purchase price of £52,000 results in an estimated price of approximately £280,496.
13 Dec 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
27.5 | 148.6 | 439.417 % | £52,000 | £228,496 | £280,496 |
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 | 762.036 % | £396,258 | £448,258 |
3 Month Average | 525.347 % | £273,180 | £325,180 |
6 Month Average | 600.579 % | £312,300 | £364,300 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Mar 2023 | £388,662 | £385,000 | 12 EVEDON CLOSE |
24 Feb 2023 | £319,785 | £320,000 | 34 CALVERTON ROAD |
10 Feb 2023 | £439,704 | £440,000 | 1 LAMORNA CLOSE |
12 Aug 2022 | £481,703 | £483,000 | 5 THELBY CLOSE |
16 Dec 2021 | £496,048 | £463,000 | 5 EVEDON CLOSE |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 22 Jun 2009. Using an estimated price of £280,497 means this house is valued at £2,671 per sq meter (£248 per sq foot).
The average size of a house on WATERMEAD ROAD is 96 sq meters (1,041 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Under investigation | On or near Lamorna Close |
Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Lamorna Close |
Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Lamorna Close |
Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Lamorna Close |
Mar 2024 | Shoplifting | Under investigation | On or near Lamorna Close |