£378,571
This estimated value is based upon the latest sale price for the house of £249,995 on 27 Aug 2014. 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 |
|---|---|
| £249,995 | 27 Aug 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 August 2014 the House Price Index for LUTON was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £249,995 results in an estimated price of approximately £378,571.
| 27 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.6 | 51.432 % | £249,995 | £128,576 | £378,571 |
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 | 72.427 % | £181,062 | £431,057 |
| 3 Month Average | 64.764 % | £161,906 | £411,901 |
| 6 Month Average | 84.603 % | £211,504 | £461,499 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £446,612 | £440,000 | 14 HADLOW DOWN CLOSE |
| 29 Apr 2022 | £355,281 | £345,000 | 17 HADLOW DOWN CLOSE |
| 1 Apr 2022 | £360,430 | £350,000 | 11 BUNYANS CLOSE |
| 25 Feb 2022 | £340,826 | £325,000 | 165 WESTMORLAND AVENUE |
| 15 Nov 2021 | £329,862 | £305,000 | 8 BUNYANS CLOSE |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 20 Mar 2014. Using an estimated price of £378,572 means this house is valued at £3,823 per sq meter (£355 per sq foot).
The average size of a house on BUNYANS CLOSE is 100 sq meters (1,083 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bunyans Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Neville Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Neville Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Neville Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Neville Road |