£591,848
This estimated value is based upon the latest sale price for the house of £425,000 on 17 Nov 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 |
|---|---|
| £425,000 | 17 Nov 2015 |
| £200,000 | 23 Oct 2014 |
| Detached |
| Freehold |
| Floor Area: 182 sq meters or 1,959 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 2015 the House Price Index for LUTON was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £425,000 results in an estimated price of approximately £591,848.
| 17 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.6 | 39.258 % | £425,000 | £166,848 | £591,848 |
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 | 98.356 % | £418,011 | £843,011 |
| 3 Month Average | 34.399 % | £146,194 | £571,194 |
| 6 Month Average | 56.955 % | £242,060 | £667,060 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £539,438 | £530,000 | 24 MONTROSE AVENUE |
| 23 Jun 2023 | £308,740 | £305,000 | 2 CULLEN CLOSE |
| 1 Feb 2023 | £409,724 | £410,000 | 18 MONTROSE AVENUE |
| 23 Jan 2023 | £370,256 | £372,000 | 102 BLENHEIM CRESCENT |
| 3 Aug 2022 | £436,824 | £438,000 | 53 CRANLEIGH GARDENS |
This house has a floor area of 182 sq meters or 1,959 sq feet when measured on 11 Sep 2014. Using an estimated price of £591,848 means this house is valued at £3,251 per sq meter (£302 per sq foot).
The average size of a house on MONTROSE AVENUE is 144 sq meters (1,555 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near A5228 |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near A5228 |
| Apr 2024 | Drugs | Local resolution | On or near Cullen Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cranleigh Gardens |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cranleigh Gardens |