£368,806
This estimated value is based upon the latest sale price for the house of £305,000 on 31 Jul 2020. This value is then adjusted by the current Official House Price Index for LUTON 1
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3 Nursery Parade, Marsh Road, Luton, LU3 2QP
Phone: 01582955774
Price Paid | Date |
---|---|
£305,000 | 31 Jul 2020 |
Semi-Detached |
Freehold |
Floor Area: 83 sq meters or 893 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 July 2020 the House Price Index for LUTON was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £305,000 results in an estimated price of approximately £368,806.
31 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.9 | 148.6 | 20.920 % | £305,000 | £63,806 | £368,806 |
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 | 10.549 % | £32,175 | £337,175 |
3 Month Average | 13.223 % | £40,329 | £345,329 |
6 Month Average | 18.665 % | £56,927 | £361,927 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £591,253 | £582,500 | 29 CARNEGIE GARDENS |
26 Sep 2023 | £541,929 | £535,000 | 15 GILDER CLOSE |
30 Nov 2021 | £473,703 | £438,000 | 35 KERSHAW CLOSE |
14 Jun 2021 | £439,899 | £410,000 | 34 KERSHAW CLOSE |
3 Dec 2020 | £344,314 | £300,000 | 20 KIRBY DRIVE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 13 Mar 2020. Using an estimated price of £368,807 means this house is valued at £4,443 per sq meter (£412 per sq foot).
The average size of a house on KERSHAW CLOSE is 100 sq meters (1,076 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Public order | Unable to prosecute suspect | On or near Gilder Close |
Dec 2023 | Public order | Unable to prosecute suspect | On or near Gilder Close |
Mar 2024 | Anti-social behaviour | On or near Kershaw Close | |
Mar 2024 | Public order | Unable to prosecute suspect | On or near Carnegie Gardens |
Feb 2024 | Drugs | Local resolution | On or near Carnegie Gardens |