£488,929
This estimated value is based upon the latest sale price for the house of £320,000 on 15 Jul 2014. 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 |
|---|---|
| £320,000 | 15 Jul 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 148 sq meters or 1,593 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 July 2014 the House Price Index for LUTON was 97.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 52.790%.Applying this 52.790% change to the original purchase price of £320,000 results in an estimated price of approximately £488,929.
| 15 Jul 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 148.6 | 52.790 % | £320,000 | £168,929 | £488,929 |
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 | 55.258 % | £176,824 | £496,824 |
| 3 Month Average | 72.752 % | £232,807 | £552,807 |
| 6 Month Average | 88.341 % | £282,692 | £602,692 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2023 | £368,471 | £365,000 | 54 CARLTON CRESCENT |
| 27 May 2022 | £407,682 | £400,000 | 66 ALEXANDRA AVENUE |
| 4 Feb 2022 | £340,826 | £325,000 | 69 PRIMROSE CLOSE |
| 29 Oct 2021 | £138,310 | £125,000 | 1 DUNMOW COURT ALEXANDRA AVENUE |
| 29 Sep 2021 | £403,020 | £374,000 | 80 ALEXANDRA AVENUE |
This house has a floor area of 148 sq meters or 1,593 sq feet when measured on 5 Nov 2013. Using an estimated price of £488,930 means this house is valued at £3,303 per sq meter (£306 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 | Violence and sexual offences | Unable to prosecute suspect | On or near Poppy Close |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Poppy Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Poppy Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Poppy Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Poppy Close |