£458,198
This estimated value is based upon the latest sale price for the house of £262,500 on 19 May 2006. This value is then adjusted by the current Official House Price Index for LUTON 1
There has been one burglary within the last year on or near Cranleigh Gardens
More crime details
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9 Marlborough Road, Luton, LU3 1EF
Phone: 02080222823
| Price Paid | Date |
|---|---|
| £262,500 | 19 May 2006 |
| Detached |
| Freehold |
| Floor Area: 230 sq meters or 2,475 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 2006 the House Price Index for LUTON was 85.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 74.552%.Applying this 74.552% change to the original purchase price of £262,500 results in an estimated price of approximately £458,198.
| 19 May 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 148.6 | 74.552 % | £262,500 | £195,698 | £458,198 |
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 | 145.888 % | £382,956 | £645,456 |
| 3 Month Average | 83.669 % | £219,631 | £482,131 |
| 6 Month Average | 111.587 % | £292,914 | £555,414 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £539,438 | £530,000 | 24 MONTROSE AVENUE |
| 6 Feb 2023 | £467,685 | £468,000 | 48 CRANLEIGH GARDENS |
| 1 Feb 2023 | £409,724 | £410,000 | 18 MONTROSE AVENUE |
| 3 Aug 2022 | £436,824 | £438,000 | 53 CRANLEIGH GARDENS |
| 8 Dec 2021 | £637,469 | £595,000 | 34 MONTROSE AVENUE |
This house has a floor area of 230 sq meters or 2,475 sq feet when measured on 27 Feb 2016. Using an estimated price of £458,199 means this house is valued at £1,992 per sq meter (£185 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 | Unable to prosecute suspect | On or near Cranleigh Gardens |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cranleigh Gardens |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Cranleigh Gardens |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Cranleigh Gardens |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cranleigh Gardens |