£565,848
This estimated value is based upon the latest sale price for the house of £425,000 on 11 Aug 2016. 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 |
|---|---|
| £425,000 | 11 Aug 2016 |
| £347,000 | 22 Aug 2011 |
| £320,000 | 17 Mar 2006 |
| Detached |
| Freehold |
| Floor Area: 166 sq meters or 1,790 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 2016 the House Price Index for LUTON was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £425,000 results in an estimated price of approximately £565,848.
| 11 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £425,000 | £140,848 | £565,848 |
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 | 21.812 % | £92,701 | £517,701 |
| 3 Month Average | 28.931 % | £122,956 | £547,956 |
| 6 Month Average | 38.291 % | £162,738 | £587,738 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £345,109 | £340,000 | 37 WOODMERE |
| 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 |
This house has a floor area of 166 sq meters or 1,790 sq feet when measured on 15 Mar 2011. Using an estimated price of £565,848 means this house is valued at £3,401 per sq meter (£316 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 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |