£404,550
This estimated value is based upon the latest sale price for the house of £327,500 on 7 Feb 2019. This value is then adjusted by the current Official House Price Index for LUTON 1
There has been one burglary within the last year on or near Montrose Avenue
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9 Marlborough Road, Luton, LU3 1EF
Phone: 02080222823
Price Paid | Date |
---|---|
£327,500 | 7 Feb 2019 |
£212,000 | 3 Aug 2006 |
£170,000 | 17 Apr 2003 |
£75,000 | 19 Jun 1997 |
Semi-Detached |
Freehold |
Floor Area: 87 sq meters or 936 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 February 2019 the House Price Index for LUTON was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.527%.Applying this 23.527% change to the original purchase price of £327,500 results in an estimated price of approximately £404,550.
7 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.527 % | £327,500 | £77,050 | £404,550 |
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 | 24.839 % | £81,346 | £408,846 |
3 Month Average | 11.426 % | £37,419 | £364,919 |
6 Month Average | 23.429 % | £76,729 | £404,229 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Jan 2023 | £373,242 | £375,000 | 107 CARLTON CRESCENT |
18 Aug 2022 | £415,382 | £416,500 | 119 CARLTON CRESCENT |
25 Mar 2022 | £575,126 | £555,000 | 37 MONTROSE AVENUE |
18 Jun 2020 | £536,480 | £443,000 | 101 MONTROSE AVENUE |
2 Aug 2019 | £412,239 | £335,000 | 67 CARLTON CRESCENT |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 28 Jan 2019. Using an estimated price of £404,550 means this house is valued at £4,650 per sq meter (£431 per sq foot).
The average size of a house on CARLTON CRESCENT is 105 sq meters (1,140 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Montrose Avenue | |
Mar 2024 | Burglary | Under investigation | On or near Montrose Avenue |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Montrose Avenue |
Feb 2024 | Other crime | Under investigation | On or near Montrose Avenue |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Montrose Avenue |