£371,862
This estimated value is based upon the latest sale price for the house of £103,500 on 10 Nov 2000. 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 |
---|---|
£103,500 | 10 Nov 2000 |
£85,000 | 19 Apr 2000 |
Semi-Detached |
Freehold |
Floor Area: 94 sq meters or 1,020 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 November 2000 the House Price Index for LUTON was 40.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 259.287%.Applying this 259.287% change to the original purchase price of £103,500 results in an estimated price of approximately £371,862.
10 Nov 2000 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
40.8 | 146.7 | 259.287 % | £103,500 | £268,362 | £371,862 |
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 | 323.958 % | £335,296 | £438,796 |
3 Month Average | 293.561 % | £303,835 | £407,335 |
6 Month Average | 322.506 % | £333,793 | £437,293 |
This house has a floor area of 94 sq meters or 1,020 sq feet when measured on 29 Mar 2012.
The average size of a house on WELTMORE ROAD is 95 sq meters (1,024 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Weltmore Road |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Foston Close |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Foston Close |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Foston Close |
Feb 2024 | Other crime | Awaiting court outcome | On or near Foston Close |