£494,142
This estimated value is based upon the latest sale price for the house of £400,000 on 17 Jan 2019. This value is then adjusted by the current Official House Price Index for LUTON 1
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9 Marlborough Road, Luton, LU3 1EF
Phone: 02080222823
| Price Paid | Date |
|---|---|
| £400,000 | 17 Jan 2019 |
| Detached |
| Freehold |
| Floor Area: 255 sq meters or 2,744 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 January 2019 the House Price Index for LUTON was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.536%.Applying this 23.536% change to the original purchase price of £400,000 results in an estimated price of approximately £494,142.
| 17 Jan 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.536 % | £400,000 | £94,142 | £494,142 |
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 | 42.257 % | £169,029 | £569,029 |
| 3 Month Average | 10.864 % | £43,454 | £443,454 |
| 6 Month Average | 27.052 % | £108,206 | £508,206 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £139,281 | £137,500 | FLAT 40 BARONS COURT EARLS MEADE |
| 14 Apr 2022 | £180,215 | £175,000 | FLAT 22 BARONS COURT EARLS MEADE |
| 25 Feb 2022 | £182,473 | £174,000 | FLAT 4 DUKES RIDE KNIGHTS FIELD |
| 17 Dec 2021 | £203,562 | £190,000 | FLAT 4 BARONS COURT EARLS MEADE |
| 29 Sep 2021 | £187,501 | £174,000 | FLAT 58 BARONS COURT EARLS MEADE |
This house has a floor area of 255 sq meters or 2,744 sq feet when measured on 12 Feb 2015. Using an estimated price of £494,142 means this house is valued at £1,937 per sq meter (£180 per sq foot).
The average size of a house on NEW BEDFORD ROAD is 115 sq meters (1,239 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Park/Open Space |
| Mar 2024 | Drugs | Under investigation | On or near Earls Meade |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Earls Meade |
| Jan 2024 | Anti-social behaviour | On or near Earls Meade | |
| Jan 2024 | Anti-social behaviour | On or near Earls Meade |