£445,435
This estimated value is based upon the latest sale price for the house of £380,000 on 14 Sep 2020. 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 |
|---|---|
| £380,000 | 14 Sep 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 123 sq meters or 1,323 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 September 2020 the House Price Index for LUTON was 125.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 17.220%.Applying this 17.220% change to the original purchase price of £380,000 results in an estimated price of approximately £445,435.
| 14 Sep 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 146.7 | 17.220 % | £380,000 | £65,435 | £445,435 |
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 | 5.980 % | £22,724 | £402,724 |
| 3 Month Average | 6.675 % | £25,363 | £405,363 |
| 6 Month Average | 19.445 % | £73,890 | £453,890 |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 3 Aug 2018.
The average size of a house on NEW BEDFORD ROAD is 115 sq meters (1,239 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near New Bedford Road | |
| Jan 2024 | Anti-social behaviour | On or near New Bedford Road | |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near New Bedford Road |
| Jan 2024 | Anti-social behaviour | On or near New Bedford Road | |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near New Bedford Road |