12, BINHAM CLOSE, LUTON, LU2 7AR - £160,000

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.

12 BINHAM CLOSE is a semi-detached house, which could now be worth an estimated £587,071. It was last sold for £160,000 in May 2001, which was around 79% above the average May 2001 semi-detached price in the Luton local authority area.

12 BINHAM CLOSE Sold Prices

Land registry data shows two sales for 12 BINHAM CLOSE 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 12 BINHAM CLOSE 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
2001 30 MAY	£160,000	£89,433	79% above HPI
1998 6 AUG	£115,000	£59,197	94% above HPI

What might 12 BINHAM CLOSE be worth now?

12 BINHAM CLOSE might now be worth an estimated £587,071.

This is based on house price inflation of 266.9%, between May 2001 and April 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 266.9% inflationary increase is applied to the most recent sale price for 12 BINHAM CLOSE of £160,000 on 30th May 2001. For the value to have increased from £160,000 to £587,071 over the 25 years and one month to April 2026, the following assumptions must hold true:

• The value of 12 BINHAM CLOSE has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The May 2001 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 12 BINHAM CLOSE has not materially changed since May 2001.

Where is 12 BINHAM CLOSE?

12 BINHAM CLOSE is located in LUTON, in the LU2 postcode district.