£287,375
This estimated value is based upon the latest sale price for the house of £230,000 on 21 Feb 2018. 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 |
|---|---|
| £230,000 | 21 Feb 2018 |
| Terraced |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 Mar 2024 is 148.6 which is a change of 24.946%.Applying this 24.946% change to the original purchase price of £230,000 results in an estimated price of approximately £287,375.
| 21 Feb 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 148.6 | 24.946 % | £230,000 | £57,375 | £287,375 |
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 | 9.821 % | £22,589 | £252,589 |
| 3 Month Average | 8.799 % | £20,238 | £250,238 |
| 6 Month Average | 23.761 % | £54,650 | £284,650 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £268,982 | £265,000 | 64 SYLAM CLOSE |
| 8 Aug 2023 | £234,451 | £232,400 | 34 THRICKNELLS CLOSE |
| 16 Jun 2023 | £248,004 | £245,000 | 251 WAULUDS BANK DRIVE |
| 5 Jun 2023 | £298,617 | £295,000 | 22 THRICKNELLS CLOSE |
| 22 Sep 2022 | £297,597 | £300,000 | 18 THRICKNELLS CLOSE |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 18 Oct 2017. Using an estimated price of £287,376 means this house is valued at £2,845 per sq meter (£264 per sq foot).
The average size of a house on THRALES CLOSE is 86 sq meters (935 sq feet).
This house is the largest in the street with a floor area of 101 sq meters (1,087 sq feet).