£321,440
This estimated value is based upon the latest sale price for the house of £272,000 on 29 Oct 2020. 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 |
|---|---|
| £272,000 | 29 Oct 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 October 2020 the House Price Index for LUTON was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £272,000 results in an estimated price of approximately £321,440.
| 29 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £272,000 | £49,440 | £321,440 |
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 | 80.629 % | £219,309 | £491,309 |
| 3 Month Average | 9.218 % | £25,072 | £297,072 |
| 6 Month Average | 12.666 % | £34,450 | £306,450 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £268,243 | £260,000 | 11 REPTON CLOSE |
| 7 Dec 2023 | £288,877 | £280,000 | 43 REPTON CLOSE |
| 17 Nov 2023 | £266,772 | £260,000 | 5 ALESIA ROAD |
| 30 Jun 2023 | £285,726 | £280,000 | 15 ALESIA ROAD |
| 27 Apr 2023 | £137,573 | £135,000 | 71 SPEAR CLOSE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 10 Mar 2020. Using an estimated price of £321,441 means this house is valued at £4,464 per sq meter (£414 per sq foot).
The average size of a house on ALESIA ROAD is 79 sq meters (855 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Spear Close | |
| Sep 2024 | Anti-social behaviour | On or near Spear Close | |
| Sep 2024 | Anti-social behaviour | On or near Spear Close | |
| Sep 2024 | Anti-social behaviour | On or near Spear Close | |
| Sep 2024 | Anti-social behaviour | On or near Spear Close |