£311,124
This estimated value is based upon the latest sale price for the house of £87,500 on 28 Feb 2001. 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 |
|---|---|
| £87,500 | 28 Feb 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,114 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 February 2001 the House Price Index for LUTON was 42.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 255.570%.Applying this 255.570% change to the original purchase price of £87,500 results in an estimated price of approximately £311,124.
| 28 Feb 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.1 | 149.7 | 255.570 % | £87,500 | £223,624 | £311,124 |
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 | 526.831 % | £460,977 | £548,477 |
| 3 Month Average | 281.906 % | £246,667 | £334,167 |
| 6 Month Average | 294.656 % | £257,824 | £345,324 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £185,706 | £180,000 | 100 BISCOT ROAD |
| 26 Sep 2022 | £334,776 | £335,000 | 61 ARGYLL AVENUE |
| 12 Aug 2022 | £221,034 | £220,000 | 11 ELLENHALL CLOSE |
| 8 Jul 2022 | £353,543 | £350,000 | 174 BISCOT ROAD |
| 23 Aug 2021 | £227,023 | £202,000 | 25 ELLENHALL CLOSE |
This house has a floor area of 103 sq meters or 1,114 sq feet when measured on 8 Oct 2009. Using an estimated price of £311,124 means this house is valued at £3,004 per sq meter (£279 per sq foot).
The average size of a house on ARGYLL AVENUE is 106 sq meters (1,143 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Chaucer Road |
| Oct 2024 | Public order | Under investigation | On or near Chaucer Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Chaucer Road |
| Aug 2024 | Anti-social behaviour | On or near Chaucer Road | |
| Aug 2024 | Anti-social behaviour | On or near Chaucer Road |