£368,921
This estimated value is based upon the latest sale price for the house of £280,000 on 11 Nov 2016. 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 |
|---|---|
| £280,000 | 11 Nov 2016 |
| £172,500 | 26 May 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 November 2016 the House Price Index for LUTON was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £280,000 results in an estimated price of approximately £368,921.
| 11 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.6 | 31.758 % | £280,000 | £88,921 | £368,921 |
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 | 19.490 % | £54,571 | £334,571 |
| 3 Month Average | 21.753 % | £60,907 | £340,907 |
| 6 Month Average | 36.366 % | £101,824 | £381,824 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Mar 2023 | £474,470 | £470,000 | 30 STANMORE CRESCENT |
| 3 Feb 2023 | £441,703 | £442,000 | 57 STANMORE CRESCENT |
| 20 May 2022 | £328,184 | £322,000 | 67 STANMORE CRESCENT |
| 10 Dec 2021 | £557,116 | £520,000 | 59 STANMORE CRESCENT |
| 18 Dec 2020 | £325,951 | £284,000 | 32 LIMBURY ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 18 Jun 2016. Using an estimated price of £368,921 means this house is valued at £4,340 per sq meter (£403 per sq foot).
The average size of a house on STANMORE CRESCENT is 98 sq meters (1,056 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Stanmore Crescent |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Stanmore Crescent |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Stanmore Crescent |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near B579 |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Marsh Road |