53, MORGAN CLOSE, LUTON, LU4 9GL - £178,000

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.

53 MORGAN CLOSE is a large flat of 57m², built sometime between 2003 and 2006, which could now be worth an estimated £173,615. It was last sold for £178,000 in March 2024, which was around 9% above the average March 2024 flat price in the Luton local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was C.

53 MORGAN CLOSE Sold Prices

Land registry data shows six sales for 53 MORGAN CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average flat price in the Luton local authority area for the corresponding sale date. All of the six 53 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
2024 22 MAR	£178,000	£163,008	9% above HPI
2017 3 MAY	£180,000	£158,384	14% above HPI
2015 30 MAR	£129,950	£112,983	15% above HPI
2006 21 AUG	£132,500	£109,832	21% above HPI
2004 16 JAN	£130,000	£94,296	38% above HPI
2003 25 APR	£123,000	£88,452	39% above HPI

What might 53 MORGAN CLOSE be worth now?

53 MORGAN CLOSE might now be worth an estimated £173,615.

This is based on house price deflation of 2.5%, between March 2024 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 2.5% deflationary decrease is applied to the most recent sale price for 53 MORGAN CLOSE of £178,000 on 22nd March 2024. For the value to have decreased from £178,000 to £173,615 over the one year and eleven months to April 2026, the following assumptions must hold true:

• The value of 53 MORGAN CLOSE has moved in line with the HPI for flats in the Luton local authority area.
• The March 2024 sale price of £178,000 represented a fair market value for the property.
• The size, condition, and specification of 53 MORGAN CLOSE has not materially changed since March 2024.

How Large is 53 MORGAN CLOSE?

53 MORGAN CLOSE is 57m² according to the EPC inspection conducted in December 2019. This puts it in the largest 40% of flats in Luton, based on EPC data. 67% of flats are smaller than 53 MORGAN CLOSE, and 31% of flats are larger. Note that EPC data is not available for all properties in Luton.

53 MORGAN CLOSE: Plot

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

Where is 53 MORGAN CLOSE?

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