£368,963
This estimated value is based upon the latest sale price for the house of £300,000 on 25 Sep 2018. 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 |
---|---|
£300,000 | 25 Sep 2018 |
£285,000 | 12 May 2017 |
Semi-Detached |
Freehold |
Floor Area: 85 sq meters or 914 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 2018 the House Price Index for LUTON was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.988%.Applying this 22.988% change to the original purchase price of £300,000 results in an estimated price of approximately £368,963.
25 Sep 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.0 | 22.988 % | £300,000 | £68,963 | £368,963 |
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 | 47.566 % | £142,697 | £442,697 |
3 Month Average | 11.624 % | £34,871 | £334,871 |
6 Month Average | 25.630 % | £76,891 | £376,891 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Mar 2023 | £366,984 | £365,000 | 54 CARLTON CRESCENT |
27 May 2022 | £406,036 | £400,000 | 66 ALEXANDRA AVENUE |
4 Feb 2022 | £339,450 | £325,000 | 69 PRIMROSE CLOSE |
29 Oct 2021 | £137,751 | £125,000 | 1 DUNMOW COURT ALEXANDRA AVENUE |
29 Sep 2021 | £401,392 | £374,000 | 80 ALEXANDRA AVENUE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 14 Feb 2017. Using an estimated price of £368,964 means this house is valued at £4,340 per sq meter (£403 per sq foot).
The average size of a house on ALEXANDRA AVENUE is 111 sq meters (1,203 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Alexandra Avenue |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Alexandra Avenue |
Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Alexandra Avenue |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Primrose Close |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Primrose Close |