9, MARKHAM ROAD, LUTON, LU3 2BS - £230,000

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.

9 MARKHAM ROAD is a detached house, which could now be worth an estimated £503,978. It was last sold for £230,000 in June 2009, which was around 7% above the average June 2009 detached price in the Luton local authority area.

9 MARKHAM ROAD Sold Prices

Land registry data shows three sales for 9 MARKHAM ROAD 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 9 MARKHAM 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
2009 5 JUN	£230,000	£215,627	7% above HPI
2005 4 JUL	£301,000	£231,818	30% above HPI
1996 2 DEC	£99,750	£74,195	34% above HPI

What might 9 MARKHAM ROAD be worth now?

9 MARKHAM ROAD might now be worth an estimated £503,978.

This is based on house price inflation of 119.1%, between June 2009 and April 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 119.1% inflationary increase is applied to the most recent sale price for 9 MARKHAM ROAD of £230,000 on 5th June 2009. For the value to have increased from £230,000 to £503,978 over the seventeen years and two months to April 2026, the following assumptions must hold true:

• The value of 9 MARKHAM ROAD has moved in line with the HPI for detached houses in the Luton local authority area.
• The June 2009 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 9 MARKHAM ROAD has not materially changed since June 2009.

Where is 9 MARKHAM ROAD?

9 MARKHAM ROAD is located in LUTON, in the LU3 postcode district.