£357,737
This estimated value is based upon the latest sale price for the house of £290,000 on 18 Dec 2018. 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 |
---|---|
£290,000 | 18 Dec 2018 |
Detached |
Freehold |
Floor Area: 100 sq meters or 1,076 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 December 2018 the House Price Index for LUTON was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £290,000 results in an estimated price of approximately £357,737.
18 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 148.6 | 23.358 % | £290,000 | £67,737 | £357,737 |
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 | 7.062 % | £20,479 | £310,479 |
3 Month Average | 13.510 % | £39,177 | £329,177 |
6 Month Average | 24.301 % | £70,473 | £360,473 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Mar 2023 | £398,757 | £395,000 | 2 CUBBINGTON CLOSE |
17 Feb 2022 | £414,234 | £395,000 | 36 HARDWICK GREEN |
30 Jun 2021 | £413,076 | £385,000 | 39 HARDWICK GREEN |
26 Nov 2020 | £498,522 | £430,000 | 17 CUBBINGTON CLOSE |
19 Nov 2020 | £446,351 | £385,000 | 28 HARDWICK GREEN |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 28 Mar 2018. Using an estimated price of £357,738 means this house is valued at £3,577 per sq meter (£332 per sq foot).
The average size of a house on LEAMINGTON ROAD is 119 sq meters (1,288 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Snowford Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Willenhall Close |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Willenhall Close |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Willenhall Close |
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Willenhall Close |