£225,313
This estimated value is based upon the latest sale price for the house of £47,500 on 1 May 1998. 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 |
---|---|
£47,500 | 1 May 1998 |
£30,000 | 30 Jun 1995 |
Terraced |
Freehold |
Floor Area: 96 sq meters or 1,033 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 May 1998 the House Price Index for LUTON was 31.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 374.343%.Applying this 374.343% change to the original purchase price of £47,500 results in an estimated price of approximately £225,313.
1 May 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
31.6 | 149.7 | 374.343 % | £47,500 | £177,813 | £225,313 |
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 | 507.129 % | £240,886 | £288,386 |
3 Month Average | 442.888 % | £210,371 | £257,871 |
6 Month Average | 448.847 % | £213,202 | £260,702 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Sep 2023 | £388,566 | £380,000 | 143 ARGYLL AVENUE |
26 Aug 2022 | £231,081 | £230,000 | 242 BISCOT ROAD |
26 May 2022 | £231,019 | £225,000 | 69 SAXON ROAD |
23 Mar 2022 | £141,975 | £136,000 | FLAT 9 HOLLAND COURT BISCOT ROAD |
23 Sep 2021 | £271,392 | £250,000 | 268 BISCOT ROAD |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 28 Mar 2016. Using an estimated price of £225,313 means this house is valued at £2,347 per sq meter (£218 per sq foot).
The average size of a house on BISCOT ROAD is 100 sq meters (1,084 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Public order | Under investigation | On or near Supermarket |
Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
Jun 2024 | Anti-social behaviour | On or near Supermarket | |
Jun 2024 | Other theft | Unable to prosecute suspect | On or near Supermarket |
Jun 2024 | Anti-social behaviour | On or near Supermarket |