£329,209
This estimated value is based upon the latest sale price for the house of £325,000 on 29 Sep 2023. This value is then adjusted by the current Official House Price Index for LUTON 1
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138 Marsh Road, Luton, LU3 2NL
Phone: 01582936598
| Price Paid | Date |
|---|---|
| £325,000 | 29 Sep 2023 |
| £182,000 | 19 Oct 2007 |
| £140,000 | 19 Sep 2003 |
| £105,000 | 10 Sep 2003 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 914 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 September 2023 the House Price Index for LUTON was 146.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.295%.Applying this 1.295% change to the original purchase price of £325,000 results in an estimated price of approximately £329,209.
| 29 Sep 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 148.6 | 1.295 % | £325,000 | £4,209 | £329,209 |
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 | 118.076 % | £383,745 | £708,745 |
| 3 Month Average | 5.138 % | £16,697 | £341,697 |
| 6 Month Average | 15.244 % | £49,541 | £374,541 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £329,209 | £325,000 | 76 BLACK SWAN LANE |
| 6 Apr 2023 | £353,810 | £350,000 | 19 ALDHOUS CLOSE |
| 10 Feb 2023 | £380,744 | £381,000 | 25 KINGSLEY ROAD |
| 31 Oct 2022 | £283,448 | £286,500 | 31 RUNFOLD AVENUE |
| 25 Aug 2022 | £262,294 | £263,000 | 20 MALLARD GARDENS |
This house has a floor area of 84 sq meters or 914 sq feet when measured on 5 Dec 2011. Using an estimated price of £329,209 means this house is valued at £3,874 per sq meter (£359 per sq foot).
The average size of a house on BLACK SWAN LANE is 102 sq meters (1,106 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Black Swan Lane | |
| Feb 2024 | Anti-social behaviour | On or near Black Swan Lane | |
| Feb 2024 | Anti-social behaviour | On or near Black Swan Lane | |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mallard Gardens |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mallard Gardens |