13, REDMIRE CLOSE, LUTON, LU4 9DX - £149,000

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.

13 REDMIRE CLOSE is a semi-detached house, which could now be worth an estimated £274,764. It was last sold for £149,000 in May 2007, which was around 16% below the average May 2007 semi-detached price in the Luton local authority area.

13 REDMIRE CLOSE Sold Prices

Land registry data shows four sales for 13 REDMIRE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Luton local authority area for the corresponding sale date. The four 13 REDMIRE CLOSE sales were a mix of below the average price, and roughly equal to 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
2007 16 MAY	£149,000	£177,896	16% below HPI
2003 17 DEC	£124,995	£143,691	13% below HPI
2001 26 JAN	£74,250	£86,197	14% below HPI
1998 24 JUN	£57,500	£57,240	Close to HPI

What might 13 REDMIRE CLOSE be worth now?

13 REDMIRE CLOSE might now be worth an estimated £274,764.

This is based on house price inflation of 84.4%, between May 2007 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 84.4% inflationary increase is applied to the most recent sale price for 13 REDMIRE CLOSE of £149,000 on 16th May 2007. For the value to have increased from £149,000 to £274,764 over the nineteen years to May 2026, the following assumptions must hold true:

• The value of 13 REDMIRE CLOSE has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The May 2007 sale price of £149,000 represented a fair market value for the property.
• The size, condition, and specification of 13 REDMIRE CLOSE has not materially changed since May 2007.

Where is 13 REDMIRE CLOSE?

13 REDMIRE CLOSE is located in LUTON, in the LU4 postcode district.