£401,392
This estimated value is based upon the latest sale price for the house of £374,000 on 29 Sep 2021. 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 |
---|---|
£374,000 | 29 Sep 2021 |
Semi-Detached |
Freehold |
Floor Area: 106 sq meters or 1,140 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 2021 the House Price Index for LUTON was 137.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.324%.Applying this 7.324% change to the original purchase price of £374,000 results in an estimated price of approximately £401,392.
29 Sep 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 148.0 | 7.324 % | £374,000 | £27,392 | £401,392 |
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 | 34.045 % | £127,328 | £501,328 |
3 Month Average | 14.111 % | £52,774 | £426,774 |
6 Month Average | 15.753 % | £58,915 | £432,915 |
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 Sep 2021 | £401,392 | £374,000 | 80 ALEXANDRA AVENUE |
30 Jun 2021 | £320,578 | £300,000 | 6 CARLTON CRESCENT |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 29 Aug 2021. Using an estimated price of £401,392 means this house is valued at £3,786 per sq meter (£351 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 | Public order | Investigation complete; no suspect identified | On or near Alexandra Avenue |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Alexandra Avenue |
Apr 2024 | Other crime | Under investigation | On or near Bath Road |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bath Road |