9, RACKHAM DRIVE, LUTON, LU3 2AF - £305,000

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 RACKHAM DRIVE is a detached house, which could now be worth an estimated £538,533. It was last sold for £305,000 in November 2007, which was around 14% above the average November 2007 detached price in the Luton local authority area.

9 RACKHAM DRIVE Sold Prices

Land registry data shows two sales for 9 RACKHAM DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Luton local authority area for the corresponding sale date. Both of the two 9 RACKHAM DRIVE 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
2007 16 NOV	£305,000	£267,593	14% above HPI
1997 11 JUN	£129,950	£82,440	58% above HPI

What might 9 RACKHAM DRIVE be worth now?

9 RACKHAM DRIVE might now be worth an estimated £538,533.

This is based on house price inflation of 76.6%, between November 2007 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 76.6% inflationary increase is applied to the most recent sale price for 9 RACKHAM DRIVE of £305,000 on 16th November 2007. For the value to have increased from £305,000 to £538,533 over the nineteen years and seven months to April 2026, the following assumptions must hold true:

• The value of 9 RACKHAM DRIVE has moved in line with the HPI for detached houses in the Luton local authority area.
• The November 2007 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 9 RACKHAM DRIVE has not materially changed since November 2007.

Where is 9 RACKHAM DRIVE?

9 RACKHAM DRIVE is located in LUTON, in the LU3 postcode district.