£233,667
This estimated value is based upon the latest sale price for the house of £174,000 on 20 May 2016. This value is then adjusted by the current Official House Price Index for LUTON 1
There have been two burglaries within the last year on or near River Way
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208 Marsh Road, Luton, LU3 2QW
Phone: 01582955880
| Price Paid | Date |
|---|---|
| £174,000 | 20 May 2016 |
| £75,500 | 26 Jul 2001 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 897 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 2016 the House Price Index for LUTON was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £174,000 results in an estimated price of approximately £233,667.
| 20 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 148.6 | 34.292 % | £174,000 | £59,667 | £233,667 |
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 | 56.920 % | £99,041 | £273,041 |
| 3 Month Average | 24.282 % | £42,249 | £216,249 |
| 6 Month Average | 44.949 % | £78,210 | £252,210 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2022 | £325,877 | £325,000 | 236 MARSH ROAD |
| 8 Jun 2022 | £329,659 | £325,000 | 221 MARSH ROAD |
| 25 Mar 2022 | £357,510 | £345,000 | 1 MOUNT PLEASANT ROAD |
| 17 Mar 2022 | £98,445 | £95,000 | FLAT 8 THE HEIGHTS MARSH ROAD |
| 7 Jan 2022 | £136,813 | £130,000 | 6 THE STEPPING STONES |
This house has a floor area of 83 sq meters or 897 sq feet when measured on 20 Aug 2010. Using an estimated price of £233,667 means this house is valued at £2,801 per sq meter (£260 per sq foot).
The average size of a house on MARSH ROAD is 67 sq meters (721 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near River Way |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near River Way |
| Dec 2023 | Anti-social behaviour | On or near River Way | |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near River Way |
| Dec 2023 | Anti-social behaviour | On or near River Way |