£439,923
This estimated value is based upon the latest sale price for the house of £180,000 on 26 Mar 2003. 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 |
|---|---|
| £180,000 | 26 Mar 2003 |
| 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 March 2003 the House Price Index for LUTON was 61.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 144.402%.Applying this 144.402% change to the original purchase price of £180,000 results in an estimated price of approximately £439,923.
| 26 Mar 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 61.3 | 149.7 | 144.402 % | £180,000 | £259,923 | £439,923 |
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 | 186.928 % | £336,469 | £516,469 |
| 3 Month Average | 149.679 % | £269,421 | £449,421 |
| 6 Month Average | 146.122 % | £263,020 | £443,020 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jun 2024 | £365,000 | £365,000 | 71 WELTMORE ROAD |
| 14 Jun 2024 | £266,000 | £266,000 | 14 ALESIA ROAD |
| 3 Apr 2024 | £378,285 | £375,000 | 18 WELTMORE ROAD |
| 18 Dec 2023 | £268,243 | £260,000 | 11 REPTON CLOSE |
| 7 Dec 2023 | £288,877 | £280,000 | 43 REPTON CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Vehicle crime | Under investigation | On or near Braceby Close |
| Nov 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Braceby Close |
| Nov 2024 | Anti-social behaviour | On or near Repton Close | |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Repton Close |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Weltmore Road |