£462,944
This estimated value is based upon the latest sale price for the house of £237,500 on 2 Jul 2004. This value is then adjusted by the current Official House Price Index for LUTON 1
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152 Marsh Road, Luton, LU3 2QL
Phone: 01582936767
Price Paid | Date |
---|---|
£237,500 | 2 Jul 2004 |
£82,500 | 3 Jul 1998 |
£63,795 | 24 Nov 1995 |
Detached |
Freehold |
Floor Area: 121 sq meters or 1,309 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 July 2004 the House Price Index for LUTON was 76.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 94.924%.Applying this 94.924% change to the original purchase price of £237,500 results in an estimated price of approximately £462,944.
2 Jul 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
76.2 | 148.6 | 94.924 % | £237,500 | £225,444 | £462,944 |
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 | 102.847 % | £244,262 | £481,762 |
3 Month Average | 100.942 % | £239,737 | £477,237 |
6 Month Average | 119.503 % | £283,818 | £521,318 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Sep 2023 | £280,588 | £277,000 | 22 PENDA CLOSE |
11 Aug 2023 | £252,206 | £250,000 | 7 FRESHWATER CLOSE |
17 Feb 2023 | £329,778 | £330,000 | 6 VENTNOR GARDENS |
16 Feb 2023 | £319,785 | £320,000 | 23 BEMBRIDGE GARDENS |
31 May 2022 | £251,743 | £247,000 | 66 PENDA CLOSE |
This house has a floor area of 121 sq meters or 1,309 sq feet when measured on 5 Oct 2011. Using an estimated price of £462,945 means this house is valued at £3,803 per sq meter (£353 per sq foot).
The average size of a house on BEMBRIDGE GARDENS is 84 sq meters (912 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bembridge Gardens |
Jan 2024 | Theft from the person | Unable to prosecute suspect | On or near Bembridge Gardens |
Mar 2024 | Vehicle crime | Under investigation | On or near Ventnor Gardens |
Dec 2023 | Anti-social behaviour | On or near Penda Close | |
Dec 2023 | Anti-social behaviour | On or near Penda Close |