£311,237
This estimated value is based upon the latest sale price for the house of £305,000 on 23 Jun 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 |
---|---|
£305,000 | 23 Jun 2023 |
£157,000 | 30 Aug 2013 |
£179,000 | 15 Feb 2011 |
Semi-Detached |
Freehold |
Floor Area: 65 sq meters or 699 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 June 2023 the House Price Index for LUTON was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £305,000 results in an estimated price of approximately £311,237.
23 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.7 | 149.7 | 2.045 % | £305,000 | £6,237 | £311,237 |
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 | 55.743 % | £170,016 | £475,016 |
3 Month Average | 6.106 % | £18,624 | £323,624 |
6 Month Average | -0.842 % | £-2,566 | £302,433 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Aug 2023 | £458,265 | £450,000 | 22 CARLTON CLOSE |
23 Jun 2023 | £311,237 | £305,000 | 2 CULLEN CLOSE |
23 Jan 2023 | £372,997 | £372,000 | 102 BLENHEIM CRESCENT |
18 Feb 2022 | £470,123 | £445,000 | 1A CULVERHOUSE ROAD |
22 Nov 2021 | £335,572 | £308,000 | 1 CULLEN CLOSE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 28 May 2012. Using an estimated price of £311,237 means this house is valued at £4,788 per sq meter (£444 per sq foot).
The average size of a house on CULLEN CLOSE is 104 sq meters (1,128 sq feet).
This house is the smallest in the street with a floor area of 65 sq meters (699 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Criminal damage and arson | Under investigation | On or near Cullen Close |
Sep 2024 | Drugs | Awaiting court outcome | On or near Cullen Close |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cullen Close |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near A5228 |
Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Carlton Close |