£585,473
This estimated value is based upon the latest sale price for the house of £505,000 on 13 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 |
---|---|
£505,000 | 13 Nov 2020 |
Detached |
Freehold |
Floor Area: 199 sq meters or 2,142 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 £505,000 results in an estimated price of approximately £585,473.
13 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
128.2 | 148.6 | 15.935 % | £505,000 | £80,473 | £585,473 |
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 % | £226,424 | £731,424 |
3 Month Average | 2.262 % | £11,421 | £516,421 |
6 Month Average | 19.268 % | £97,301 | £602,301 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £196,437 | £193,000 | 117 FOXGLOVE WAY |
18 Sep 2023 | £190,435 | £188,000 | 75 FOXGLOVE WAY |
18 Aug 2023 | £179,571 | £178,000 | 14 FOXGLOVE WAY |
10 Aug 2023 | £178,058 | £176,500 | 53 FOXGLOVE WAY |
14 Jul 2023 | £177,387 | £175,000 | 119 FOXGLOVE WAY |
This house has a floor area of 199 sq meters or 2,142 sq feet when measured on 8 Sep 2020. Using an estimated price of £585,474 means this house is valued at £2,942 per sq meter (£273 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 |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near New Bedford Road | |
Jan 2024 | Anti-social behaviour | On or near New Bedford Road | |
Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near New Bedford Road |
Jan 2024 | Anti-social behaviour | On or near New Bedford Road | |
Jan 2024 | Anti-social behaviour | On or near New Bedford Road |