£525,309
This estimated value is based upon the latest sale price for the house of £385,000 on 22 Apr 2016. 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 |
---|---|
£385,000 | 22 Apr 2016 |
£210,000 | 21 Dec 2009 |
£137,000 | 29 Jun 2001 |
Semi-Detached |
Freehold |
Floor Area: 144 sq meters or 1,550 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 April 2016 the House Price Index for LUTON was 109.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.444%.Applying this 36.444% change to the original purchase price of £385,000 results in an estimated price of approximately £525,309.
22 Apr 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
109.7 | 149.7 | 36.444 % | £385,000 | £140,309 | £525,309 |
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 | 45.579 % | £175,478 | £560,478 |
3 Month Average | 33.003 % | £127,060 | £512,060 |
6 Month Average | 37.301 % | £143,609 | £528,609 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Dec 2023 | £546,802 | £530,000 | 24 MONTROSE AVENUE |
6 Oct 2023 | £327,437 | £320,000 | 15 ABIGAIL CLOSE |
23 Jun 2023 | £311,237 | £305,000 | 2 CULLEN CLOSE |
1 Feb 2023 | £412,757 | £410,000 | 18 MONTROSE AVENUE |
23 Jan 2023 | £372,997 | £372,000 | 102 BLENHEIM CRESCENT |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 27 Jul 2016. Using an estimated price of £525,310 means this house is valued at £3,647 per sq meter (£338 per sq foot).
The average size of a house on BLENHEIM CRESCENT is 121 sq meters (1,309 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Under investigation | On or near Abigail Close |
Jun 2024 | Violence and sexual offences | Local resolution | On or near Carlton Crescent |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Carlton Close |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Carlton Close |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cullen Close |