15, ELVEDEN CLOSE, LUTON, LU2 7FF - £131,500

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.

15 ELVEDEN CLOSE is a terraced house, which could now be worth an estimated £259,934. It was last sold for £131,500 in September 2005, which was around 1% below the average September 2005 terraced price in the Luton local authority area.

15 ELVEDEN CLOSE Sold Prices

Land registry data shows three sales for 15 ELVEDEN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Luton local authority area for the corresponding sale date. One of the three 15 ELVEDEN CLOSE sales was for below the average price, whilst two 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
2005 6 SEP	£131,500	£132,975	1% below HPI
2001 14 SEP	£80,500	£73,368	10% above HPI
1997 31 JAN	£46,000	£38,011	21% above HPI

What might 15 ELVEDEN CLOSE be worth now?

15 ELVEDEN CLOSE might now be worth an estimated £259,934.

This is based on house price inflation of 97.7%, between September 2005 and May 2026, for terraced 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 97.7% inflationary increase is applied to the most recent sale price for 15 ELVEDEN CLOSE of £131,500 on 6th September 2005. For the value to have increased from £131,500 to £259,934 over the 21 years and four months to May 2026, the following assumptions must hold true:

• The value of 15 ELVEDEN CLOSE has moved in line with the HPI for terraced houses in the Luton local authority area.
• The September 2005 sale price of £131,500 represented a fair market value for the property.
• The size, condition, and specification of 15 ELVEDEN CLOSE has not materially changed since September 2005.

Where is 15 ELVEDEN CLOSE?

15 ELVEDEN CLOSE is located in LUTON, in the LU2 postcode district.