£232,583
This estimated value is based upon the latest sale price for the house of £160,000 on 11 May 2015. This value is then adjusted by the current Official House Price Index for LUTON 1
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208 Marsh Road, Luton, LU3 2QW
Phone: 01582955880
| Price Paid | Date |
|---|---|
| £160,000 | 11 May 2015 |
| £134,000 | 26 Mar 2012 |
| 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 May 2015 the House Price Index for LUTON was 101.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 45.365%.Applying this 45.365% change to the original purchase price of £160,000 results in an estimated price of approximately £232,583.
| 11 May 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 148.0 | 45.365 % | £160,000 | £72,583 | £232,583 |
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 | 108.781 % | £174,049 | £334,049 |
| 3 Month Average | 47.100 % | £75,360 | £235,360 |
| 6 Month Average | 76.432 % | £122,291 | £282,291 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Apr 2023 | £136,011 | £135,000 | 71 SPEAR CLOSE |
| 24 Mar 2023 | £135,734 | £135,000 | 63 LEABANK |
| 25 Nov 2022 | £289,309 | £294,000 | 62 AXE CLOSE |
| 31 Oct 2022 | £59,515 | £60,400 | 123 ARROW CLOSE |
| 19 Oct 2022 | £270,972 | £275,000 | 39 AXE CLOSE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 8 Oct 2011. Using an estimated price of £232,583 means this house is valued at £2,613 per sq meter (£242 per sq foot).
The average size of a house on ARROW CLOSE is 88 sq meters (948 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other crime | Further investigation is not in the public interest | On or near Arrow Close |
| Jan 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Arrow Close |
| Jan 2024 | Other crime | Formal action is not in the public interest | On or near Arrow Close |
| Apr 2024 | Public order | Under investigation | On or near Spear Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Spear Close |