3, MARKHAM ROAD, LUTON, LU3 2BS - £295,000

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.

3 MARKHAM ROAD is a detached house, which could now be worth an estimated £607,796. It was last sold for £295,000 in January 2006, which was around 29% above the average January 2006 detached price in the Luton local authority area.

3 MARKHAM ROAD Sold Prices

Land registry data shows four sales for 3 MARKHAM ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Luton local authority area for the corresponding sale date. Most of the four 3 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
2006 27 JAN	£295,000	£229,325	29% above HPI
2002 1 FEB	£143,000	£154,458	7% below HPI
2000 9 JUN	£120,000	£125,386	4% below HPI
1999 10 SEP	£86,000	£105,609	19% below HPI

What might 3 MARKHAM ROAD be worth now?

3 MARKHAM ROAD might now be worth an estimated £607,796.

This is based on house price inflation of 106%, between January 2006 and April 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 106% inflationary increase is applied to the most recent sale price for 3 MARKHAM ROAD of £295,000 on 27th January 2006. For the value to have increased from £295,000 to £607,796 over the nineteen years and nine months to April 2026, the following assumptions must hold true:

• The value of 3 MARKHAM ROAD has moved in line with the HPI for detached houses in the Luton local authority area.
• The January 2006 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MARKHAM ROAD has not materially changed since January 2006.

Where is 3 MARKHAM ROAD?

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