31, MORGAN CLOSE, LUTON, LU4 9GL - £183,000

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.

31 MORGAN CLOSE is a large flat of 56m², built sometime between 1996 and 2002, which could now be worth an estimated £170,231. It was last sold for £183,000 in September 2022, which was around 7% above the average September 2022 flat price in the Luton local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was D.

31 MORGAN CLOSE Sold Prices

Land registry data shows two sales for 31 MORGAN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Luton local authority area for the corresponding sale date. Both of the two 31 MORGAN CLOSE sales 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
2022 30 SEP	£183,000	£170,364	7% above HPI
2003 28 MAR	£115,000	£87,263	32% above HPI

What might 31 MORGAN CLOSE be worth now?

31 MORGAN CLOSE might now be worth an estimated £170,231.

This is based on house price deflation of 7%, between September 2022 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 7% deflationary decrease is applied to the most recent sale price for 31 MORGAN CLOSE of £183,000 on 30th September 2022. For the value to have decreased from £183,000 to £170,231 over the four years and four months to May 2026, the following assumptions must hold true:

• The value of 31 MORGAN CLOSE has moved in line with the HPI for flats in the Luton local authority area.
• The September 2022 sale price of £183,000 represented a fair market value for the property.
• The size, condition, and specification of 31 MORGAN CLOSE has not materially changed since September 2022.

How Large is 31 MORGAN CLOSE?

31 MORGAN CLOSE is 56m² according to the EPC inspection conducted in August 2018. This puts it in the largest 40% of flats in Luton, based on EPC data. 64% of flats are smaller than 31 MORGAN CLOSE, and 33% of flats are larger. Note that EPC data is not available for all properties in Luton.

31 MORGAN CLOSE: Plot

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

Where is 31 MORGAN CLOSE?

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