£172,968
This estimated value is based upon the latest sale price for the house of £140,000 on 7 Jun 2019. This value is then adjusted by the current Official House Price Index for LUTON 1
There has been one burglary within the last year on or near Arrow Close
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208 Marsh Road, Luton, LU3 2QW
Phone: 01582955880
| Price Paid | Date |
|---|---|
| £140,000 | 7 Jun 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 68 sq meters or 731 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 2019 the House Price Index for LUTON was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £140,000 results in an estimated price of approximately £172,968.
| 7 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.549 % | £140,000 | £32,968 | £172,968 |
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 | 29.257 % | £40,959 | £180,959 |
| 3 Month Average | 18.848 % | £26,386 | £166,386 |
| 6 Month Average | 25.544 % | £35,761 | £175,761 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Sep 2023 | £283,626 | £280,000 | 56 ARROW CLOSE |
| 27 Apr 2023 | £136,469 | £135,000 | 71 SPEAR CLOSE |
| 25 Nov 2022 | £290,481 | £294,000 | 62 AXE CLOSE |
| 31 Oct 2022 | £59,757 | £60,400 | 123 ARROW CLOSE |
| 19 Oct 2022 | £272,071 | £275,000 | 39 AXE CLOSE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 23 Apr 2014. Using an estimated price of £172,968 means this house is valued at £2,543 per sq meter (£236 per sq foot).
The average size of a house on ARROW CLOSE is 88 sq meters (948 sq feet).
This house is the smallest in the street with a floor area of 68 sq meters (731 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other crime | Formal action is not in the public interest | On or near Arrow Close |
| Jan 2024 | Other crime | Further investigation is not in the public interest | On or near Arrow Close |
| Jan 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Arrow Close |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Arrow Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Arrow Close |