39, MORGAN CLOSE, LUTON, LU4 9GL - £153,000

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.

39 MORGAN CLOSE is a very large flat of 68m², built sometime between 2003 and 2006, which could now be worth an estimated £164,536. It was last sold for £153,000 in August 2016, which was around 3% above the average August 2016 flat price in the Luton local authority area. The most recent EPC inspection was April 2012, where the current energy rating was C, and the potential energy rating was B.

39 MORGAN CLOSE Sold Prices

Land registry data shows three sales for 39 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 39 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
2016 12 AUG	£153,000	£147,845	3% above HPI
2006 18 SEP	£133,000	£111,832	19% above HPI
2003 30 MAY	£122,500	£90,276	36% above HPI

What might 39 MORGAN CLOSE be worth now?

39 MORGAN CLOSE might now be worth an estimated £164,536.

This is based on house price inflation of 7.5%, between August 2016 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 7.5% inflationary increase is applied to the most recent sale price for 39 MORGAN CLOSE of £153,000 on 12th August 2016. For the value to have increased from £153,000 to £164,536 over the ten years and four months to April 2026, the following assumptions must hold true:

• The value of 39 MORGAN CLOSE has moved in line with the HPI for flats in the Luton local authority area.
• The August 2016 sale price of £153,000 represented a fair market value for the property.
• The size, condition, and specification of 39 MORGAN CLOSE has not materially changed since August 2016.

How Large is 39 MORGAN CLOSE?

39 MORGAN CLOSE is 68m² according to the EPC inspection conducted in April 2012. This puts it in the largest 10% of flats in Luton, based on EPC data. 89% of flats are smaller than 39 MORGAN CLOSE, and 9% of flats are larger. Note that EPC data is not available for all properties in Luton.

39 MORGAN CLOSE: Plot

39 MORGAN CLOSE sits on a plot of roughly 0.350 of an acre, or 1,416m².

Where is 39 MORGAN CLOSE?

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