£251,675
This estimated value is based upon the latest sale price for the house of £190,000 on 27 Oct 2016. 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 |
|---|---|
| £190,000 | 27 Oct 2016 |
| £72,100 | 21 Sep 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 60 sq meters or 645 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 2016 the House Price Index for LUTON was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £190,000 results in an estimated price of approximately £251,675.
| 27 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.6 | 32.461 % | £190,000 | £61,675 | £251,675 |
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 | 58.084 % | £110,359 | £300,359 |
| 3 Month Average | 24.174 % | £45,931 | £235,931 |
| 6 Month Average | 42.358 % | £80,480 | £270,480 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £263,367 | £260,000 | 31 JULIUS GARDENS |
| 19 Sep 2023 | £280,588 | £277,000 | 22 PENDA CLOSE |
| 30 Aug 2023 | £300,630 | £298,000 | 4 JULIUS GARDENS |
| 27 Jan 2023 | £283,664 | £285,000 | 17 JULIUS GARDENS |
| 25 Nov 2022 | £404,303 | £409,200 | 43 JULIUS GARDENS |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 27 Jun 2016. Using an estimated price of £251,675 means this house is valued at £4,194 per sq meter (£389 per sq foot).
The average size of a house on PENDA CLOSE is 57 sq meters (617 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Julius Gardens |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Julius Gardens |
| Feb 2024 | Anti-social behaviour | On or near Thelby Close | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thelby Close |
| Feb 2024 | Anti-social behaviour | On or near Thelby Close |