£469,683
This estimated value is based upon the latest sale price for the house of £470,000 on 3 Feb 2023. This value is then adjusted by the current Official House Price Index for LUTON 1
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3 Nursery Parade, Marsh Road, Luton, LU3 2QP
Phone: 01582955774
Price Paid | Date |
---|---|
£470,000 | 3 Feb 2023 |
£275,000 | 3 Aug 2018 |
Detached |
Freehold |
Floor Area: 106 sq meters or 1,140 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 2023 the House Price Index for LUTON was 148.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.067%.Applying this -0.067% change to the original purchase price of £470,000 results in an estimated price of approximately £469,683.
3 Feb 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
148.7 | 148.6 | -0.067 % | £470,000 | £-316 | £469,683 |
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 | -18.842 % | £-88,557 | £381,442 |
3 Month Average | -15.413 % | £-72,439 | £397,560 |
6 Month Average | -6.445 % | £-30,292 | £439,707 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Jul 2023 | £372,514 | £367,500 | 25 CATESBY GREEN |
7 Jul 2023 | £309,161 | £305,000 | 18 HARLESTONE CLOSE |
31 Mar 2023 | £211,997 | £210,000 | 15 HARLESTONE CLOSE |
10 Feb 2023 | £289,805 | £290,000 | 20 HARLESTONE CLOSE |
3 Feb 2023 | £469,684 | £470,000 | 16 CATESBY GREEN |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 10 Jul 2018. Using an estimated price of £469,684 means this house is valued at £4,430 per sq meter (£411 per sq foot).
The average size of a house on CATESBY GREEN is 92 sq meters (994 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Catesby Green |
Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Mees Close |
Dec 2023 | Other theft | Unable to prosecute suspect | On or near Ryefield |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Whitehaven |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Whitehaven |