5, CRANBROOK DRIVE, LUTON, LU3 3EN - £147,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 CRANBROOK DRIVE is a semi-detached house, which could now be worth an estimated £338,023. It was last sold for £147,000 in November 2003, which was around 3% above the average November 2003 semi-detached price in the Luton local authority area.

5 CRANBROOK DRIVE Sold Prices

Land registry data shows two sales for 5 CRANBROOK DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Luton local authority area for the corresponding sale date. Both of the two 5 CRANBROOK DRIVE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2003 3 NOV	£147,000	£142,663	3% above HPI
1998 24 JUL	£64,000	£58,340	10% above HPI

What might 5 CRANBROOK DRIVE be worth now?

5 CRANBROOK DRIVE might now be worth an estimated £338,023.

This is based on house price inflation of 129.9%, between November 2003 and May 2026, for semi-detached houses, in the Luton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 129.9% inflationary increase is applied to the most recent sale price for 5 CRANBROOK DRIVE of £147,000 on 3rd November 2003. For the value to have increased from £147,000 to £338,023 over the 23 years and six months to May 2026, the following assumptions must hold true:

• The value of 5 CRANBROOK DRIVE has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The November 2003 sale price of £147,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CRANBROOK DRIVE has not materially changed since November 2003.

Where is 5 CRANBROOK DRIVE?

5 CRANBROOK DRIVE is located in LUTON, in the LU3 postcode district.