£405,773
This estimated value is based upon the latest sale price for the house of £350,000 on 2 Nov 2020. 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 |
|---|---|
| £350,000 | 2 Nov 2020 |
| £190,000 | 17 Mar 2005 |
| £178,000 | 26 Feb 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 November 2020 the House Price Index for LUTON was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £350,000 results in an estimated price of approximately £405,773.
| 2 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £350,000 | £55,773 | £405,773 |
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 | 44.836 % | £156,927 | £506,927 |
| 3 Month Average | 2.262 % | £7,916 | £357,916 |
| 6 Month Average | 19.268 % | £67,436 | £417,436 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Sep 2023 | £384,922 | £380,000 | 143 ARGYLL AVENUE |
| 9 Feb 2023 | £489,670 | £490,000 | 132 ALEXANDRA AVENUE |
| 26 Aug 2022 | £229,383 | £230,000 | 242 BISCOT ROAD |
| 23 Mar 2022 | £140,932 | £136,000 | FLAT 9 HOLLAND COURT BISCOT ROAD |
| 1 Oct 2021 | £331,943 | £300,000 | 274 BISCOT ROAD |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 20 Sep 2019. Using an estimated price of £405,774 means this house is valued at £4,098 per sq meter (£380 per sq foot).
The average size of a house on ARGYLL AVENUE is 106 sq meters (1,143 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sheridan Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sheridan Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sheridan Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sheridan Road |