4, MORGAN CLOSE, LUTON, LU4 9GL - £119,500

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.

4 MORGAN CLOSE is a very large flat of 82m², built sometime between 2003 and 2006, which could now be worth an estimated £191,408. It was last sold for £119,500 in October 2010, which was around 20% above the average October 2010 flat price in the Luton local authority area. The most recent EPC inspection was April 2017, where the current energy rating was C, and the potential energy rating was B.

4 MORGAN CLOSE Sold Prices

Land registry data shows three sales for 4 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 4 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
2010 6 OCT	£119,500	£99,262	20% above HPI
2007 18 SEP	£137,000	£122,151	12% above HPI
2003 28 FEB	£100,000	£85,380	17% above HPI

What might 4 MORGAN CLOSE be worth now?

4 MORGAN CLOSE might now be worth an estimated £191,408.

This is based on house price inflation of 60.2%, between October 2010 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 60.2% inflationary increase is applied to the most recent sale price for 4 MORGAN CLOSE of £119,500 on 6th October 2010. For the value to have increased from £119,500 to £191,408 over the sixteen years and six months to April 2026, the following assumptions must hold true:

• The value of 4 MORGAN CLOSE has moved in line with the HPI for flats in the Luton local authority area.
• The October 2010 sale price of £119,500 represented a fair market value for the property.
• The size, condition, and specification of 4 MORGAN CLOSE has not materially changed since October 2010.

How Large is 4 MORGAN CLOSE?

4 MORGAN CLOSE is 82m² according to the EPC inspection conducted in April 2017. This puts it in the largest 10% of flats in Luton, based on EPC data. 98% of flats are smaller than 4 MORGAN CLOSE, and 2% of flats are larger. Note that EPC data is not available for all properties in Luton.

4 MORGAN CLOSE: Plot

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

Where is 4 MORGAN CLOSE?

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