£476,257
This estimated value is based upon the latest sale price for the house of £350,000 on 18 Mar 2016. 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 | 18 Mar 2016 |
| £220,000 | 23 Mar 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 116 sq meters or 1,248 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 March 2016 the House Price Index for LUTON was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £350,000 results in an estimated price of approximately £476,257.
| 18 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £350,000 | £126,257 | £476,257 |
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 | 41.526 % | £145,339 | £495,339 |
| 3 Month Average | 31.897 % | £111,640 | £461,640 |
| 6 Month Average | 37.796 % | £132,286 | £482,286 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £1,692,975 | £1,650,000 | 6 LANSDOWNE ROAD |
| 24 Jan 2023 | £456,219 | £455,000 | 16 LANSDOWNE ROAD |
| 4 Apr 2022 | £134,865 | £130,000 | FLAT 8 STATELY COURT, 29 - 31 STUDLEY ROAD |
| 18 Feb 2022 | £433,147 | £410,000 | 8 MALZEARD ROAD |
| 11 Feb 2022 | £143,678 | £136,000 | FLAT 5 37 STUDLEY ROAD |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 26 May 2016. Using an estimated price of £476,258 means this house is valued at £4,105 per sq meter (£381 per sq foot).
The average size of a house on MALZEARD ROAD is 70 sq meters (759 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Malzeard Road |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Malzeard Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Lansdowne Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Lansdowne Road |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Lansdowne Road |