£337,864
This estimated value is based upon the latest sale price for the house of £275,000 on 20 Dec 2018. 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 Dec 2018 |
| Semi-Detached |
| Freehold |
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 2018 the House Price Index for LUTON was 120.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.860%.Applying this 22.860% change to the original purchase price of £275,000 results in an estimated price of approximately £337,864.
| 20 Dec 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.0 | 22.860 % | £275,000 | £62,864 | £337,864 |
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 | 42.643 % | £117,267 | £392,267 |
| 3 Month Average | 10.910 % | £30,003 | £305,003 |
| 6 Month Average | 28.074 % | £77,203 | £352,203 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £278,576 | £275,000 | 20 NORTON ROAD |
| 30 Nov 2022 | £177,128 | £180,000 | 58 QUILTER CLOSE |
| 26 Aug 2022 | £333,745 | £336,000 | 17 NORTON ROAD |
| 1 Mar 2022 | £314,784 | £305,000 | 37 ICKNIELD ROAD |
| 28 Feb 2022 | £329,005 | £315,000 | 74 ICKNIELD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Quilter Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Quilter Close |
| Mar 2024 | Anti-social behaviour | On or near Quilter Close | |
| Mar 2024 | Anti-social behaviour | On or near Quilter Close | |
| Mar 2024 | Other crime | Under investigation | On or near Quilter Close |