54, MOUNTGRACE ROAD, LUTON, LU2 8EP - £227,500

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.

54 MOUNTGRACE ROAD is a semi-detached house, which could now be worth an estimated £521,562. It was last sold for £227,500 in September 2003, which was around 59% above the average September 2003 semi-detached price in the Luton local authority area.

54 MOUNTGRACE ROAD Sold Prices

Land registry data shows two sales for 54 MOUNTGRACE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Luton local authority area for the corresponding sale date. Both of the two 54 MOUNTGRACE ROAD 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
2003 12 SEP	£227,500	£143,092	59% above HPI
1998 12 OCT	£106,000	£59,179	79% above HPI

What might 54 MOUNTGRACE ROAD be worth now?

54 MOUNTGRACE ROAD might now be worth an estimated £521,562.

This is based on house price inflation of 129.3%, between September 2003 and May 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 129.3% inflationary increase is applied to the most recent sale price for 54 MOUNTGRACE ROAD of £227,500 on 12th September 2003. For the value to have increased from £227,500 to £521,562 over the 23 years and four months to May 2026, the following assumptions must hold true:

• The value of 54 MOUNTGRACE ROAD has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The September 2003 sale price of £227,500 represented a fair market value for the property.
• The size, condition, and specification of 54 MOUNTGRACE ROAD has not materially changed since September 2003.

Where is 54 MOUNTGRACE ROAD?

54 MOUNTGRACE ROAD is located in LUTON, in the LU2 postcode district.