£173,500
This estimated value is based upon the latest sale price for the house of £118,000 on 29 May 2015. 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 |
|---|---|
| £118,000 | 29 May 2015 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 2015 the House Price Index for LUTON was 101.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 47.034%.Applying this 47.034% change to the original purchase price of £118,000 results in an estimated price of approximately £173,500.
| 29 May 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 149.7 | 47.034 % | £118,000 | £55,500 | £173,500 |
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 | 66.613 % | £78,603 | £196,603 |
| 3 Month Average | 52.618 % | £62,089 | £180,089 |
| 6 Month Average | 62.111 % | £73,290 | £191,290 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Aug 2022 | £231,081 | £230,000 | 242 BISCOT ROAD |
| 23 Sep 2021 | £271,392 | £250,000 | 268 BISCOT ROAD |
| 10 Jun 2021 | £208,067 | £192,500 | 75 SPENCER ROAD |
| 8 Dec 2020 | £222,570 | £192,500 | 74 SPENCER ROAD |
| 4 Sep 2020 | £311,004 | £260,000 | 91 BISCOT ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 16 Oct 2014. Using an estimated price of £173,501 means this house is valued at £2,443 per sq meter (£227 per sq foot).
The average size of a house on SAXON ROAD is 80 sq meters (862 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Under investigation | On or near Supermarket |
| Jul 2024 | Anti-social behaviour | On or near Supermarket | |
| Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Jun 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Jun 2024 | Other theft | Unable to prosecute suspect | On or near Supermarket |