43A, BROAD MEAD, LUTON, LU3 1RX - £76,000

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.

43A BROAD MEAD is a flat, which could now be worth an estimated £118,814. It was last sold for £76,000 in June 2004, which was around 25% below the average June 2004 flat price in the Luton local authority area.

43A BROAD MEAD Sold Prices

Land registry data shows two sales for 43A BROAD MEAD 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. One of the two 43A BROAD MEAD sales was for below the average price, whilst the other was 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
2004 11 JUN	£76,000	£101,371	25% below HPI
2000 23 JUN	£50,000	£49,339	1% above HPI

What might 43A BROAD MEAD be worth now?

43A BROAD MEAD might now be worth an estimated £118,814.

This is based on house price inflation of 56.3%, between June 2004 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 56.3% inflationary increase is applied to the most recent sale price for 43A BROAD MEAD of £76,000 on 11th June 2004. For the value to have increased from £76,000 to £118,814 over the 22 years and one month to May 2026, the following assumptions must hold true:

• The value of 43A BROAD MEAD has moved in line with the HPI for flats in the Luton local authority area.
• The June 2004 sale price of £76,000 represented a fair market value for the property.
• The size, condition, and specification of 43A BROAD MEAD has not materially changed since June 2004.

Where is 43A BROAD MEAD?

43A BROAD MEAD is located in LUTON, in the LU3 postcode district.