£401,462
This estimated value is based upon the latest sale price for the house of £325,000 on 15 Feb 2019. 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
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9 Marlborough Road, Luton, LU3 1EF
Phone: 02080222823
| Price Paid | Date |
|---|---|
| £325,000 | 15 Feb 2019 |
| £77,500 | 28 Jul 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,113 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 2019 the House Price Index for LUTON was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.527%.Applying this 23.527% change to the original purchase price of £325,000 results in an estimated price of approximately £401,462.
| 15 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.527 % | £325,000 | £76,462 | £401,462 |
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 | 66.327 % | £215,564 | £540,564 |
| 3 Month Average | 8.875 % | £28,842 | £353,842 |
| 6 Month Average | 27.175 % | £88,319 | £413,319 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £539,438 | £530,000 | 24 MONTROSE AVENUE |
| 28 Jul 2023 | £436,880 | £431,000 | 51 FOUNTAINS ROAD |
| 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 |
This house has a floor area of 103 sq meters or 1,113 sq feet when measured on 20 May 2009. Using an estimated price of £401,462 means this house is valued at £3,881 per sq meter (£360 per sq foot).
The average size of a house on CRANLEIGH GARDENS is 102 sq meters (1,101 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 | Violence and sexual offences | Unable to prosecute suspect | On or near Cranleigh Gardens |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Cranleigh Gardens |