£422,189
This estimated value is based upon the latest sale price for the house of £215,000 on 23 Jul 2004. 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 |
---|---|
£215,000 | 23 Jul 2004 |
£103,000 | 23 Aug 1999 |
Semi-Detached |
Freehold |
Floor Area: 177 sq meters or 1,905 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 July 2004 the House Price Index for LUTON was 76.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 96.367%.Applying this 96.367% change to the original purchase price of £215,000 results in an estimated price of approximately £422,189.
23 Jul 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
76.2 | 149.7 | 96.367 % | £215,000 | £207,189 | £422,189 |
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 | 115.676 % | £248,704 | £463,704 |
3 Month Average | 103.706 % | £222,967 | £437,967 |
6 Month Average | 107.806 % | £231,782 | £446,782 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Mar 2023 | £447,473 | £440,000 | 42 LANSDOWNE ROAD |
25 Mar 2023 | £594,935 | £585,000 | 37 MARLBOROUGH ROAD |
24 Mar 2023 | £315,265 | £310,000 | 32 ELLENHALL CLOSE |
10 Mar 2023 | £106,783 | £105,000 | FLAT 4 48 BISCOT ROAD |
12 Aug 2022 | £221,034 | £220,000 | 11 ELLENHALL CLOSE |
This house has a floor area of 177 sq meters or 1,905 sq feet when measured on 28 Jan 2016. Using an estimated price of £422,189 means this house is valued at £2,385 per sq meter (£221 per sq foot).
The average size of a house on MARLBOROUGH ROAD is 167 sq meters (1,800 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Marlborough Road |
May 2024 | Anti-social behaviour | On or near Marlborough Road | |
May 2024 | Anti-social behaviour | On or near Marlborough Road | |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marlborough Road |
May 2024 | Anti-social behaviour | On or near Marlborough Road |