£355,497
This estimated value is based upon the latest sale price for the house of £75,500 on 8 May 1998. 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 |
|---|---|
| £75,500 | 8 May 1998 |
| Semi-Detached |
| Freehold |
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 May 1998 the House Price Index for LUTON was 31.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 370.858%.Applying this 370.858% change to the original purchase price of £75,500 results in an estimated price of approximately £355,497.
| 8 May 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.6 | 148.6 | 370.858 % | £75,500 | £279,997 | £355,497 |
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 | 471.015 % | £355,616 | £431,116 |
| 3 Month Average | 435.522 % | £328,819 | £404,319 |
| 6 Month Average | 479.740 % | £362,203 | £437,703 |
| 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 |
| 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 |