57, MORGAN CLOSE, LUTON, LU4 9GL - £147,000

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.

57 MORGAN CLOSE is a terraced house, which could now be worth an estimated £297,474. It was last sold for £147,000 in May 2005, which was around 13% above the average May 2005 terraced price in the Luton local authority area.

57 MORGAN CLOSE Sold Prices

Land registry data shows two sales for 57 MORGAN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Luton local authority area for the corresponding sale date. Both of the two 57 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
2005 6 MAY	£147,000	£129,890	13% above HPI
2003 5 JUN	£140,000	£110,028	27% above HPI

What might 57 MORGAN CLOSE be worth now?

57 MORGAN CLOSE might now be worth an estimated £297,474.

This is based on house price inflation of 102.4%, between May 2005 and May 2026, for terraced 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 102.4% inflationary increase is applied to the most recent sale price for 57 MORGAN CLOSE of £147,000 on 6th May 2005. For the value to have increased from £147,000 to £297,474 over the 21 years to May 2026, the following assumptions must hold true:

• The value of 57 MORGAN CLOSE has moved in line with the HPI for terraced houses in the Luton local authority area.
• The May 2005 sale price of £147,000 represented a fair market value for the property.
• The size, condition, and specification of 57 MORGAN CLOSE has not materially changed since May 2005.

Where is 57 MORGAN CLOSE?

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