£329,393
This estimated value is based upon the latest sale price for the house of £250,000 on 25 Nov 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 |
---|---|
£250,000 | 25 Nov 2016 |
£175,000 | 1 Sep 2014 |
Semi-Detached |
Freehold |
Floor Area: 72 sq meters or 775 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 November 2016 the House Price Index for LUTON was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £250,000 results in an estimated price of approximately £329,393.
25 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.8 | 148.6 | 31.758 % | £250,000 | £79,393 | £329,393 |
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 | 19.490 % | £48,724 | £298,724 |
3 Month Average | 21.753 % | £54,381 | £304,381 |
6 Month Average | 36.366 % | £90,914 | £340,914 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Dec 2023 | £325,699 | £320,000 | 66 BENSON 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 |
5 Nov 2021 | £369,878 | £342,000 | 56 BENSON CLOSE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 14 Jul 2014. Using an estimated price of £329,394 means this house is valued at £4,574 per sq meter (£425 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 |
Feb 2024 | Robbery | Unable to prosecute suspect | On or near Lygetun Drive |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Benson Close |