8, MILBURN CLOSE, LUTON, LU3 4EH - £325,000

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.

8 MILBURN CLOSE is a detached house, which could now be worth an estimated £655,184. It was last sold for £325,000 in August 2005, which was around 39% above the average August 2005 detached price in the Luton local authority area.

8 MILBURN CLOSE Sold Prices

Land registry data shows three sales for 8 MILBURN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Luton local authority area for the corresponding sale date. All of the three 8 MILBURN 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 23 AUG	£325,000	£232,983	39% above HPI
1997 1 AUG	£128,500	£83,866	53% above HPI
1995 25 SEP	£115,000	£74,673	54% above HPI

What might 8 MILBURN CLOSE be worth now?

8 MILBURN CLOSE might now be worth an estimated £655,184.

This is based on house price inflation of 101.6%, between August 2005 and May 2026, for 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 101.6% inflationary increase is applied to the most recent sale price for 8 MILBURN CLOSE of £325,000 on 23rd August 2005. For the value to have increased from £325,000 to £655,184 over the 21 years and three months to May 2026, the following assumptions must hold true:

• The value of 8 MILBURN CLOSE has moved in line with the HPI for detached houses in the Luton local authority area.
• The August 2005 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MILBURN CLOSE has not materially changed since August 2005.

Where is 8 MILBURN CLOSE?

8 MILBURN CLOSE is located in LUTON, in the LU3 postcode district.