36, MORGAN CLOSE, LUTON, LU4 9GL - £187,000

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.

36 MORGAN CLOSE is a small flat of 47m², built sometime between 1967 and 1975, which could now be worth an estimated £182,284. It was last sold for £187,000 in October 2017, which was around 15% above the average October 2017 flat price in the Luton local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was C.

36 MORGAN CLOSE Sold Prices

Land registry data shows three sales for 36 MORGAN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Luton local authority area for the corresponding sale date. All of the three 36 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
2017 31 OCT	£187,000	£163,105	15% above HPI
2015 13 APR	£135,000	£116,695	16% above HPI
2003 28 MAR	£112,500	£87,263	29% above HPI

What might 36 MORGAN CLOSE be worth now?

36 MORGAN CLOSE might now be worth an estimated £182,284.

This is based on house price deflation of 2.5%, between October 2017 and April 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 2.5% deflationary decrease is applied to the most recent sale price for 36 MORGAN CLOSE of £187,000 on 31st October 2017. For the value to have decreased from £187,000 to £182,284 over the nine years and six months to April 2026, the following assumptions must hold true:

• The value of 36 MORGAN CLOSE has moved in line with the HPI for flats in the Luton local authority area.
• The October 2017 sale price of £187,000 represented a fair market value for the property.
• The size, condition, and specification of 36 MORGAN CLOSE has not materially changed since October 2017.

How Large is 36 MORGAN CLOSE?

36 MORGAN CLOSE is 47m² according to the EPC inspection conducted in November 2020. This puts it in the smallest 40% of flats in Luton, based on EPC data. 38% of flats are smaller than 36 MORGAN CLOSE, and 59% of flats are larger. Note that EPC data is not available for all properties in Luton.

36 MORGAN CLOSE: Plot

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

Where is 36 MORGAN CLOSE?

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