£246,443
This estimated value is based upon the latest sale price for the house of £235,000 on 10 Feb 2022. 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 |
|---|---|
| £235,000 | 10 Feb 2022 |
| £73,000 | 18 Mar 2002 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 2022 the House Price Index for LUTON was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £235,000 results in an estimated price of approximately £246,443.
| 10 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.6 | 4.869 % | £235,000 | £11,443 | £246,443 |
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 | 46.906 % | £110,228 | £345,228 |
| 3 Month Average | 0.292 % | £687 | £235,687 |
| 6 Month Average | 13.203 % | £31,026 | £266,026 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Aug 2023 | £234,451 | £232,400 | 34 THRICKNELLS CLOSE |
| 5 Jun 2023 | £298,617 | £295,000 | 22 THRICKNELLS CLOSE |
| 25 Nov 2022 | £290,481 | £294,000 | 62 AXE CLOSE |
| 19 Oct 2022 | £272,071 | £275,000 | 39 AXE CLOSE |
| 22 Sep 2022 | £297,597 | £300,000 | 18 THRICKNELLS CLOSE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 25 Sep 2014. Using an estimated price of £246,443 means this house is valued at £3,119 per sq meter (£289 per sq foot).
There is one other house on the street which we know the size of, this is 6 LITTLE WOOD CROFT it is 94.6