41, MORGAN CLOSE, LUTON, LU4 9GL - £170,000

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.

41 MORGAN CLOSE is a very large flat of 65m², built sometime between 1991 and 1995, which could now be worth an estimated £160,543. It was last sold for £170,000 in February 2023, which was around 1% above the average February 2023 flat price in the Luton local authority area. The most recent EPC inspection was December 2022, where the current energy rating was D, and the potential energy rating was C.

41 MORGAN CLOSE Sold Prices

Land registry data shows three sales for 41 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 41 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
2023 10 FEB	£170,000	£168,358	1% above HPI
2006 28 JUL	£129,995	£109,563	19% above HPI
2003 25 APR	£135,000	£88,452	53% above HPI

What might 41 MORGAN CLOSE be worth now?

41 MORGAN CLOSE might now be worth an estimated £160,543.

This is based on house price deflation of 5.6%, between February 2023 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 5.6% deflationary decrease is applied to the most recent sale price for 41 MORGAN CLOSE of £170,000 on 10th February 2023. For the value to have decreased from £170,000 to £160,543 over the two years and ten months to April 2026, the following assumptions must hold true:

• The value of 41 MORGAN CLOSE has moved in line with the HPI for flats in the Luton local authority area.
• The February 2023 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 41 MORGAN CLOSE has not materially changed since February 2023.

How Large is 41 MORGAN CLOSE?

41 MORGAN CLOSE is 65m² according to the EPC inspection conducted in December 2022. This puts it in the largest 20% of flats in Luton, based on EPC data. 84% of flats are smaller than 41 MORGAN CLOSE, and 14% of flats are larger. Note that EPC data is not available for all properties in Luton.

41 MORGAN CLOSE: Plot

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

Where is 41 MORGAN CLOSE?

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