£326,216
This estimated value is based upon the latest sale price for the house of £187,500 on 20 May 2011. 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 |
---|---|
£187,500 | 20 May 2011 |
Semi-Detached |
Freehold |
Floor Area: 140 sq meters or 1,516 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 May 2011 the House Price Index for LUTON was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.982%.Applying this 73.982% change to the original purchase price of £187,500 results in an estimated price of approximately £326,216.
20 May 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 149.7 | 73.982 % | £187,500 | £138,716 | £326,216 |
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 | 87.498 % | £164,059 | £351,559 |
3 Month Average | 79.633 % | £149,311 | £336,811 |
6 Month Average | 82.682 % | £155,029 | £342,529 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Mar 2024 | £391,007 | £385,000 | 32 ALEXANDRA AVENUE |
6 Oct 2023 | £424,645 | £415,000 | 37 ALEXANDRA AVENUE |
30 Sep 2022 | £169,887 | £170,000 | FLAT 8 LAKEVIEW NEW BEDFORD ROAD |
28 Apr 2022 | £184,661 | £178,000 | FLAT 14 LAKEVIEW NEW BEDFORD ROAD |
1 Apr 2022 | £181,549 | £175,000 | FLAT 11 NICKMAR COURT, 137 - 139 NEW BEDFORD ROAD |
This house has a floor area of 140 sq meters or 1,516 sq feet when measured on 10 Feb 2011. Using an estimated price of £326,217 means this house is valued at £2,315 per sq meter (£215 per sq foot).
The average size of a house on ALEXANDRA AVENUE is 111 sq meters (1,203 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Poppy Close |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Poppy Close |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Poppy Close |
Jun 2024 | Vehicle crime | Unable to prosecute suspect | On or near Poppy Close |
Jun 2024 | Drugs | Under investigation | On or near Poppy Close |