£419,775
This estimated value is based upon the latest sale price for the house of £312,000 on 24 Jun 2016. 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 |
---|---|
£312,000 | 24 Jun 2016 |
Semi-Detached |
Freehold |
Floor Area: 106 sq meters or 1,140 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 June 2016 the House Price Index for LUTON was 111.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.544%.Applying this 34.544% change to the original purchase price of £312,000 results in an estimated price of approximately £419,775.
24 Jun 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.3 | 149.7 | 34.544 % | £312,000 | £107,775 | £419,775 |
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 | 38.178 % | £119,115 | £431,115 |
3 Month Average | 27.010 % | £84,270 | £396,270 |
6 Month Average | 32.635 % | £101,820 | £413,820 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Nov 2023 | £451,460 | £440,000 | 14 HADLOW DOWN CLOSE |
31 Aug 2023 | £483,724 | £475,000 | 3 NEVILLE ROAD PASSAGE |
17 Feb 2023 | £352,354 | £350,000 | 78 NEVILLE ROAD |
3 Feb 2023 | £251,681 | £250,000 | 66 NEVILLE ROAD |
29 Apr 2022 | £357,911 | £345,000 | 17 HADLOW DOWN CLOSE |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 5 Apr 2016. Using an estimated price of £419,776 means this house is valued at £3,960 per sq meter (£367 per sq foot).
The average size of a house on NEVILLE ROAD is 92 sq meters (1,000 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Criminal damage and arson | Action to be taken by another organisation | On or near Neville Road |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Neville Road |
Apr 2024 | Anti-social behaviour | On or near Neville Road | |
Apr 2024 | Anti-social behaviour | On or near Neville Road | |
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Neville Road |