£638,952
This estimated value is based upon the latest sale price for the house of £497,500 on 7 Jul 2017. 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 |
|---|---|
| £497,500 | 7 Jul 2017 |
| £200,000 | 16 Dec 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 176 sq meters or 1,894 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 July 2017 the House Price Index for LUTON was 116.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 28.433%.Applying this 28.433% change to the original purchase price of £497,500 results in an estimated price of approximately £638,952.
| 7 Jul 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 149.7 | 28.433 % | £497,500 | £141,452 | £638,952 |
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 | 29.525 % | £146,886 | £644,386 |
| 3 Month Average | 20.571 % | £102,341 | £599,841 |
| 6 Month Average | 24.411 % | £121,443 | £618,943 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Jan 2023 | £376,005 | £375,000 | 107 CARLTON CRESCENT |
| 18 Aug 2022 | £418,457 | £416,500 | 119 CARLTON CRESCENT |
| 25 Mar 2022 | £579,383 | £555,000 | 37 MONTROSE AVENUE |
| 18 Jun 2020 | £540,451 | £443,000 | 101 MONTROSE AVENUE |
| 27 Feb 2020 | £542,321 | £440,000 | 110 MONTROSE AVENUE |
This house has a floor area of 176 sq meters or 1,894 sq feet when measured on 20 Oct 2016. Using an estimated price of £638,952 means this house is valued at £3,630 per sq meter (£337 per sq foot).
The average size of a house on MONTROSE AVENUE is 144 sq meters (1,555 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Montrose Avenue |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Montrose Avenue |
| May 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Montrose Avenue |
| Apr 2024 | Vehicle crime | Unable to prosecute suspect | On or near Montrose Avenue |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near St Bernard'S Close |