£206,958
This estimated value is based upon the latest sale price for the house of £180,000 on 29 Jan 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 |
|---|---|
| £180,000 | 29 Jan 2021 |
| Terraced |
| Freehold |
| Floor Area: 51 sq meters or 548 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 January 2021 the House Price Index for LUTON was 130.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 14.977%.Applying this 14.977% change to the original purchase price of £180,000 results in an estimated price of approximately £206,958.
| 29 Jan 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 130.2 | 149.7 | 14.977 % | £180,000 | £26,958 | £206,958 |
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 | 146.556 % | £263,801 | £443,801 |
| 3 Month Average | 13.960 % | £25,128 | £205,128 |
| 6 Month Average | 10.511 % | £18,920 | £198,920 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jun 2023 | £168,374 | £165,000 | 9 COYNEY GREEN |
| 23 Jun 2023 | £219,397 | £215,000 | 3 COYNEY GREEN |
| 21 Apr 2023 | £278,204 | £273,000 | 34 DORRINGTON CLOSE |
| 24 Mar 2023 | £315,265 | £310,000 | 32 ELLENHALL CLOSE |
| 12 Aug 2022 | £221,034 | £220,000 | 11 ELLENHALL CLOSE |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 14 May 2020. Using an estimated price of £206,959 means this house is valued at £4,058 per sq meter (£377 per sq foot).
The average size of a house on DORRINGTON CLOSE is 61 sq meters (657 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Dorrington Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coyney Green |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Coyney Green |
| Jul 2024 | Drugs | Local resolution | On or near Coyney Green |
| Oct 2024 | Drugs | Under investigation | On or near Ellenhall Close |