£230,029
This estimated value is based upon the latest sale price for the house of £134,000 on 31 Aug 2006. This value is then adjusted by the current Official House Price Index for LUTON 1
There has been one burglary within the last year on or near Olympic Close
More crime details
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208 Marsh Road, Luton, LU3 2QW
Phone: 01582955880
| Price Paid | Date |
|---|---|
| £134,000 | 31 Aug 2006 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 August 2006 the House Price Index for LUTON was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.664%.Applying this 71.664% change to the original purchase price of £134,000 results in an estimated price of approximately £230,029.
| 31 Aug 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.664 % | £134,000 | £96,029 | £230,029 |
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 | 79.088 % | £105,978 | £239,978 |
| 3 Month Average | 79.469 % | £106,488 | £240,488 |
| 6 Month Average | 97.837 % | £131,102 | £265,102 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £86,277 | £85,000 | 14 OLYMPIC CLOSE |
| 17 Nov 2023 | £185,243 | £182,500 | 6 WEXHAM CLOSE |
| 31 Jul 2023 | £157,115 | £155,000 | 90 OLYMPIC CLOSE |
| 3 Apr 2023 | £303,265 | £300,000 | 85 WEXHAM CLOSE |
| 24 Mar 2023 | £252,378 | £250,000 | 41 OLYMPIC CLOSE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 16 Oct 2013. Using an estimated price of £230,029 means this house is valued at £3,239 per sq meter (£300 per sq foot).
The average size of a house on OLYMPIC CLOSE is 96 sq meters (1,035 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Olympic Close |
| Mar 2024 | Possession of weapons | Under investigation | On or near Olympic Close |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Olympic Close |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Olympic Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Olympic Close |