£304,095
This estimated value is based upon the latest sale price for the house of £120,000 on 18 Nov 2002. 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 |
|---|---|
| £120,000 | 18 Nov 2002 |
| £58,000 | 12 Feb 1998 |
| £46,000 | 7 Nov 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 2002 the House Price Index for LUTON was 57.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 153.413%.Applying this 153.413% change to the original purchase price of £120,000 results in an estimated price of approximately £304,095.
| 18 Nov 2002 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 57.9 | 146.7 | 153.413 % | £120,000 | £184,095 | £304,095 |
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 | 163.272 % | £195,926 | £315,926 |
| 3 Month Average | 147.511 % | £177,013 | £297,013 |
| 6 Month Average | 181.311 % | £217,573 | £337,573 |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 8 May 2019.
The average size of a house on ALDER CRESCENT is 86 sq meters (929 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Alder Crescent |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Solway Road South |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Solway Road South |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Solway Road South |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Blundell Road |