£268,615
This estimated value is based upon the latest sale price for the house of £265,000 on 7 Jul 2023. 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 |
|---|---|
| £265,000 | 7 Jul 2023 |
| £214,000 | 15 Feb 2019 |
| Semi-Detached |
| Freehold |
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 2023 the House Price Index for LUTON was 146.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.364%.Applying this 1.364% change to the original purchase price of £265,000 results in an estimated price of approximately £268,615.
| 7 Jul 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.6 | 148.6 | 1.364 % | £265,000 | £3,615 | £268,615 |
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 | 5.368 % | £14,226 | £279,226 |
| 3 Month Average | -0.046 % | £-120 | £264,879 |
| 6 Month Average | 10.523 % | £27,885 | £292,885 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £301,971 | £297,500 | 97 BROMPTON CLOSE |
| 7 Jul 2023 | £268,615 | £265,000 | 33 BENSON CLOSE |
| 3 Mar 2023 | £353,329 | £350,000 | 87 BROMPTON CLOSE |
| 20 Jan 2023 | £348,359 | £350,000 | 115 REDGRAVE GARDENS |
| 29 Apr 2022 | £348,072 | £338,000 | 17 BROMPTON CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Awaiting court outcome | On or near Redgrave Gardens |
| Mar 2024 | Public order | Awaiting court outcome | On or near Redgrave Gardens |
| Feb 2024 | Public order | Awaiting court outcome | On or near Redgrave Gardens |
| Jan 2024 | Other theft | Under investigation | On or near Buckle Close |
| Jan 2024 | Robbery | Unable to prosecute suspect | On or near Brompton Close |