18, MARKHAM ROAD, LUTON, LU3 2BS - £235,000

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.

18 MARKHAM ROAD is a detached house, which could now be worth an estimated £453,549. It was last sold for £235,000 in January 2007, which was around 4% below the average January 2007 detached price in the Luton local authority area.

18 MARKHAM ROAD Sold Prices

Land registry data shows two sales for 18 MARKHAM ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Luton local authority area for the corresponding sale date. Both of the two 18 MARKHAM ROAD sales were for below 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 24 JAN	£235,000	£245,507	4% below HPI
2001 20 AUG	£99,500	£144,824	31% below HPI

What might 18 MARKHAM ROAD be worth now?

18 MARKHAM ROAD might now be worth an estimated £453,549.

This is based on house price inflation of 93%, between January 2007 and July 2026, for 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 93% inflationary increase is applied to the most recent sale price for 18 MARKHAM ROAD of £235,000 on 24th January 2007. For the value to have increased from £235,000 to £453,549 over the eighteen years and six months to July 2026, the following assumptions must hold true:

• The value of 18 MARKHAM ROAD has moved in line with the HPI for detached houses in the Luton local authority area.
• The January 2007 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 18 MARKHAM ROAD has not materially changed since January 2007.

Where is 18 MARKHAM ROAD?

18 MARKHAM ROAD is located in LUTON, in the LU3 postcode district.