£222,043
This estimated value is based upon the latest sale price for the house of £217,000 on 31 Oct 2023. 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 |
---|---|
£217,000 | 31 Oct 2023 |
£207,000 | 25 Sep 2017 |
£166,950 | 28 May 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 75 sq meters or 807 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 October 2023 the House Price Index for LUTON was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £217,000 results in an estimated price of approximately £222,043.
31 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.3 | 149.7 | 2.324 % | £217,000 | £5,043 | £222,043 |
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 | -8.163 % | £-17,713 | £199,286 |
3 Month Average | 3.436 % | £7,455 | £224,455 |
6 Month Average | 1.390 % | £3,016 | £220,016 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Oct 2023 | £222,043 | £217,000 | 38 PRIMROSE CLOSE |
18 Aug 2023 | £181,269 | £178,000 | 14 FOXGLOVE WAY |
8 Mar 2023 | £183,057 | £180,000 | 16 PRIMROSE CLOSE |
3 Mar 2023 | £213,567 | £210,000 | 67 FOXGLOVE WAY |
16 Feb 2023 | £241,614 | £240,000 | 28 PRIMROSE CLOSE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 7 Jun 2017. Using an estimated price of £222,043 means this house is valued at £2,960 per sq meter (£275 per sq foot).
The average size of a house on PRIMROSE CLOSE is 78 sq meters (840 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Under investigation | On or near Poppy Close |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Poppy Close |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Poppy Close |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Poppy Close |
Jun 2024 | Vehicle crime | Unable to prosecute suspect | On or near Poppy Close |