18, MORGAN CLOSE, LUTON, LU4 9GL - £103,750

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 MORGAN CLOSE is a large flat of 60m², built sometime between 1991 and 1995, which could now be worth an estimated £192,574. It was last sold for £103,750 in February 2003, which was around 22% above the average February 2003 flat price in the Luton local authority area. The most recent EPC inspection was March 2017, where the current energy rating was E, and the potential energy rating was C.

18 MORGAN CLOSE Sold Prices

Land registry data shows one sale for 18 MORGAN CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average flat price in the Luton local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2003 28 FEB	£103,750	£85,380	22% above HPI

What might 18 MORGAN CLOSE be worth now?

18 MORGAN CLOSE might now be worth an estimated £192,574.

This is based on house price inflation of 85.6%, between February 2003 and May 2026, for flats, in the Luton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 85.6% inflationary increase is applied to the most recent sale price for 18 MORGAN CLOSE of £103,750 on 28th February 2003. For the value to have increased from £103,750 to £192,574 over the 22 years and nine months to May 2026, the following assumptions must hold true:

• The value of 18 MORGAN CLOSE has moved in line with the HPI for flats in the Luton local authority area.
• The February 2003 sale price of £103,750 represented a fair market value for the property.
• The size, condition, and specification of 18 MORGAN CLOSE has not materially changed since February 2003.

How Large is 18 MORGAN CLOSE?

18 MORGAN CLOSE is 60m² according to the EPC inspection conducted in March 2017. This puts it in the largest 30% of flats in Luton, based on EPC data. 75% of flats are smaller than 18 MORGAN CLOSE, and 23% of flats are larger. Note that EPC data is not available for all properties in Luton.

18 MORGAN CLOSE: Plot

18 MORGAN CLOSE sits on a plot of roughly 0.761 of an acre, or 3,078m².

Where is 18 MORGAN CLOSE?

18 MORGAN CLOSE is located in LUTON, in the LU4 postcode district.