£168,133
This estimated value is based upon the latest sale price for the house of £36,000 on 2 Jul 1998. This value is then adjusted by the current Official House Price Index for LUTON 1
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152 Marsh Road, Luton, LU3 2QL
Phone: 01582936767
| Price Paid | Date |
|---|---|
| £36,000 | 2 Jul 1998 |
| £33,500 | 29 Jan 1998 |
| £31,500 | 28 Jun 1995 |
| £30,400 | 28 Mar 1995 |
| Terraced |
| Freehold |
| Floor Area: 37 sq meters or 401 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 1998 the House Price Index for LUTON was 31.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 367.038%.Applying this 367.038% change to the original purchase price of £36,000 results in an estimated price of approximately £168,133.
| 2 Jul 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.8 | 148.6 | 367.038 % | £36,000 | £132,133 | £168,133 |
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 | 433.083 % | £155,909 | £191,909 |
| 3 Month Average | 423.616 % | £152,501 | £188,501 |
| 6 Month Average | 469.284 % | £168,942 | £204,942 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £298,727 | £293,500 | 181 BRAMINGHAM ROAD |
| 24 Jul 2023 | £344,638 | £340,000 | 12 SHANKLIN CLOSE |
| 30 Nov 2022 | £340,871 | £345,000 | 7 SHANKLIN CLOSE |
| 17 Feb 2022 | £204,495 | £195,000 | 52 MILVERTON GREEN |
| 30 Sep 2021 | £441,813 | £410,000 | 1 QUICKSWOOD |
This house has a floor area of 37 sq meters or 401 sq feet when measured on 7 Mar 2012. Using an estimated price of £168,134 means this house is valued at £4,510 per sq meter (£418 per sq foot).
The average size of a house on MILVERTON GREEN is 66 sq meters (716 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Shanklin Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Shanklin Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Shanklin Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Shanklin Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shanklin Close |