£239,541
This estimated value is based upon the latest sale price for the house of £118,000 on 7 May 2004. 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 |
---|---|
£118,000 | 7 May 2004 |
Semi-Detached |
Freehold |
Floor Area: 71 sq meters or 764 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 2004 the House Price Index for LUTON was 73.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 103.002%.Applying this 103.002% change to the original purchase price of £118,000 results in an estimated price of approximately £239,541.
7 May 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
73.7 | 149.7 | 103.002 % | £118,000 | £121,541 | £239,541 |
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 | 254.385 % | £300,174 | £418,174 |
3 Month Average | 114.949 % | £135,639 | £253,639 |
6 Month Average | 120.165 % | £141,794 | £259,794 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £271,902 | £265,000 | 64 SYLAM CLOSE |
16 Oct 2023 | £260,926 | £255,000 | 325 WAULUDS BANK DRIVE |
1 Sep 2023 | £265,861 | £260,000 | 85 MORRIS CLOSE |
30 Sep 2022 | £299,800 | £300,000 | 105 MORRIS CLOSE |
19 May 2022 | £154,012 | £150,000 | 4 FITZWARIN CLOSE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 3 Jul 2020. Using an estimated price of £239,542 means this house is valued at £3,373 per sq meter (£313 per sq foot).
The average size of a house on WALEYS CLOSE is 83 sq meters (903 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Fitzwarin Close |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fitzwarin Close |
Sep 2024 | Anti-social behaviour | On or near Fitzwarin Close | |
Sep 2024 | Anti-social behaviour | On or near Fitzwarin Close | |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fitzwarin Close |