£123,353
This estimated value is based upon the latest sale price for the house of £98,000 on 27 Feb 2018. 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 |
---|---|
£98,000 | 27 Feb 2018 |
Flats/Maisonettes |
Leasehold |
Floor Area: 47 sq meters or 505 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 February 2018 the House Price Index for LUTON was 118.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.871%.Applying this 25.871% change to the original purchase price of £98,000 results in an estimated price of approximately £123,353.
27 Feb 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.9 | 149.7 | 25.871 % | £98,000 | £25,353 | £123,353 |
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 | 16.767 % | £16,431 | £114,431 |
3 Month Average | 10.296 % | £10,089 | £108,089 |
6 Month Average | 17.166 % | £16,822 | £114,822 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Sep 2023 | £73,623 | £72,000 | FLAT 1 KHALID COURT, 7 MARSH ROAD |
7 Sep 2023 | £61,352 | £60,000 | FLAT 2 KHALID COURT, 7 MARSH ROAD |
9 Sep 2022 | £699,533 | £700,000 | 8 MARSH ROAD |
3 Nov 2021 | £343,199 | £315,000 | 15 CUFFLEY CLOSE |
6 Jul 2020 | £243,631 | £200,000 | 4B MARSH COURT MARSH ROAD |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 7 Jul 2014. Using an estimated price of £123,354 means this house is valued at £2,624 per sq meter (£243 per sq foot).
The average size of a house on WALLER AVENUE is 57 sq meters (617 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Cuffley Close |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cuffley Close |
Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Cuffley Close |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cuffley Close |
May 2024 | Robbery | Unable to prosecute suspect | On or near Cuffley Close |