£315,188
This estimated value is based upon the latest sale price for the house of £72,000 on 16 Jun 1999. 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 |
---|---|
£72,000 | 16 Jun 1999 |
Detached |
Freehold |
Floor Area: 135 sq meters or 1,453 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 June 1999 the House Price Index for LUTON was 33.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 337.762%.Applying this 337.762% change to the original purchase price of £72,000 results in an estimated price of approximately £315,188.
16 Jun 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
33.9 | 148.6 | 337.762 % | £72,000 | £243,188 | £315,188 |
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 | 597.311 % | £430,064 | £502,064 |
3 Month Average | 366.302 % | £263,737 | £335,737 |
6 Month Average | 436.130 % | £314,013 | £386,013 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £298,727 | £293,500 | 181 BRAMINGHAM ROAD |
21 Nov 2023 | £349,169 | £344,000 | 132 VENTNOR GARDENS |
3 Nov 2023 | £344,094 | £339,000 | 140 VENTNOR GARDENS |
24 Jul 2023 | £344,638 | £340,000 | 12 SHANKLIN CLOSE |
30 Nov 2022 | £340,871 | £345,000 | 7 SHANKLIN CLOSE |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 30 Oct 2015. Using an estimated price of £315,189 means this house is valued at £2,334 per sq meter (£216 per sq foot).
The average size of a house on VENTNOR GARDENS is 89 sq meters (961 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Under investigation | On or near Ventnor Gardens |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Shanklin Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Shanklin Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Shanklin Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Shanklin Close |