5, MARKFIELD CLOSE, LUTON, LU3 2HY - £75,250

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.

5 MARKFIELD CLOSE is a semi-detached house, which could now be worth an estimated £444,104. It was last sold for £75,250 in February 1998, which was around 35% above the average February 1998 semi-detached price in the Luton local authority area.

5 MARKFIELD CLOSE Sold Prices

Land registry data shows one sale for 5 MARKFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached price in the Luton local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
1998 27 FEB	£75,250	£55,602	35% above HPI

What might 5 MARKFIELD CLOSE be worth now?

5 MARKFIELD CLOSE might now be worth an estimated £444,104.

This is based on house price inflation of 490.2%, between February 1998 and April 2026, for semi-detached houses, in the Luton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 490.2% inflationary increase is applied to the most recent sale price for 5 MARKFIELD CLOSE of £75,250 on 27th February 1998. For the value to have increased from £75,250 to £444,104 over the 27 years and ten months to April 2026, the following assumptions must hold true:

• The value of 5 MARKFIELD CLOSE has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The February 1998 sale price of £75,250 represented a fair market value for the property.
• The size, condition, and specification of 5 MARKFIELD CLOSE has not materially changed since February 1998.

Where is 5 MARKFIELD CLOSE?

5 MARKFIELD CLOSE is located in LUTON, in the LU3 postcode district.