FLAT 1, 7, MARSH ROAD, LUTON, LU3 2QF - £124,995

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.

FLAT 1 7 MARSH ROAD is a large flat of 59m², built sometime between 1900 and 1929, which could now be worth an estimated £186,767. It was last sold for £124,995 in November 2008, which was around 18% above the average November 2008 flat price in the Luton local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was C.

FLAT 1 7 MARSH ROAD Sold Prices

Land registry data shows five sales for FLAT 1 7 MARSH ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average flat price in the Luton local authority area for the corresponding sale date. Most of the five FLAT 1 7 MARSH 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
2008 21 NOV	£124,995	£106,062	18% above HPI
2005 29 APR	£119,995	£105,105	14% above HPI
2003 4 SEP	£70,000	£92,745	25% below HPI
2001 4 APR	£56,000	£53,492	5% above HPI
2000 29 FEB	£49,995	£44,587	12% above HPI

What might FLAT 1 7 MARSH ROAD be worth now?

FLAT 1 7 MARSH ROAD might now be worth an estimated £186,767.

This is based on house price inflation of 49.4%, between November 2008 and May 2026, for flats, in the Luton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 49.4% inflationary increase is applied to the most recent sale price for FLAT 1 7 MARSH ROAD of £124,995 on 21st November 2008. For the value to have increased from £124,995 to £186,767 over the eighteen years and six months to May 2026, the following assumptions must hold true:

• The value of FLAT 1 7 MARSH ROAD has moved in line with the HPI for flats in the Luton local authority area.
• The November 2008 sale price of £124,995 represented a fair market value for the property.
• The size, condition, and specification of FLAT 1 7 MARSH ROAD has not materially changed since November 2008.

How Large is FLAT 1 7 MARSH ROAD?

FLAT 1 7 MARSH ROAD is 59m² according to the EPC inspection conducted in November 2018. This puts it in the largest 30% of flats in Luton, based on EPC data. 72% of flats are smaller than FLAT 1 7 MARSH ROAD, and 25% of flats are larger. Note that EPC data is not available for all properties in Luton.

FLAT 1 7 MARSH ROAD: Plot

FLAT 1 7 MARSH ROAD sits on a plot of roughly 0.131 of an acre, or 529m².

Where is FLAT 1 7 MARSH ROAD?

FLAT 1, 7 MARSH ROAD is located in LUTON, in the LU3 postcode district.