£163,000
This estimated value is based upon the latest sale price for the house of £130,000 on 25 Aug 2017. 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 |
|---|---|
| £130,000 | 25 Aug 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 49 sq meters or 527 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 August 2017 the House Price Index for LUTON was 117.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 25.385%.Applying this 25.385% change to the original purchase price of £130,000 results in an estimated price of approximately £163,000.
| 25 Aug 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 146.7 | 25.385 % | £130,000 | £33,000 | £163,000 |
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 | 18.305 % | £23,796 | £153,796 |
| 3 Month Average | 8.624 % | £11,211 | £141,211 |
| 6 Month Average | 27.873 % | £36,235 | £166,235 |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 16 May 2017.
The average size of a house on SPEAR CLOSE is 57 sq meters (620 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Spear Close |
| Jan 2024 | Other crime | Further investigation is not in the public interest | On or near Arrow Close |
| Jan 2024 | Other crime | Formal action is not in the public interest | On or near Arrow Close |
| Jan 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Arrow Close |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Arrow Close |