£165,723
This estimated value is based upon the latest sale price for the house of £35,000 on 9 Apr 1998. This value is then adjusted by the current Official House Price Index for LUTON 1
There has been one burglary within the last year on or near Denmark Close
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208 Marsh Road, Luton, LU3 2QW
Phone: 01582955880
| Price Paid | Date |
|---|---|
| £35,000 | 9 Apr 1998 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 April 1998 the House Price Index for LUTON was 31.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 373.497%.Applying this 373.497% change to the original purchase price of £35,000 results in an estimated price of approximately £165,723.
| 9 Apr 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.4 | 148.6 | 373.497 % | £35,000 | £130,723 | £165,723 |
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 | 602.775 % | £210,971 | £245,971 |
| 3 Month Average | 418.917 % | £146,621 | £181,621 |
| 6 Month Average | 495.776 % | £173,521 | £208,521 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Apr 2023 | £303,265 | £300,000 | 85 WEXHAM CLOSE |
| 27 Jul 2022 | £270,729 | £270,000 | 42 PETERSFIELD GARDENS |
| 14 Jul 2022 | £275,742 | £275,000 | 8 PETERSFIELD GARDENS |
| 30 Jun 2022 | £253,584 | £250,000 | 92 WEXHAM CLOSE |
| 14 Feb 2022 | £238,054 | £227,000 | 21 PETERSFIELD GARDENS |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 29 Aug 2013. Using an estimated price of £165,724 means this house is valued at £1,862 per sq meter (£172 per sq foot).
The average size of a house on DENMARK CLOSE is 94 sq meters (1,013 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Denmark Close |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Denmark Close |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Stockholm Way |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Stockholm Way |
| Feb 2024 | Drugs | Awaiting court outcome | On or near Stockholm Way |