2, BROAD MEAD, LUTON, LU3 1RX - £59,000

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.

2 BROAD MEAD is a semi-detached house, which could now be worth an estimated £305,510. It was last sold for £59,000 in April 1999, which was around 7% below the average April 1999 semi-detached price in the Luton local authority area.

2 BROAD MEAD Sold Prices

Land registry data shows one sale for 2 BROAD MEAD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached 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
1999 14 APR	£59,000	£63,353	7% below HPI

What might 2 BROAD MEAD be worth now?

2 BROAD MEAD might now be worth an estimated £305,510.

This is based on house price inflation of 417.8%, between April 1999 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 417.8% inflationary increase is applied to the most recent sale price for 2 BROAD MEAD of £59,000 on 14th April 1999. For the value to have increased from £59,000 to £305,510 over the 26 years and eleven months to May 2026, the following assumptions must hold true:

• The value of 2 BROAD MEAD has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The April 1999 sale price of £59,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BROAD MEAD has not materially changed since April 1999.

Where is 2 BROAD MEAD?

2 BROAD MEAD is located in LUTON, in the LU3 postcode district.