£353,904
This estimated value is based upon the latest sale price for the house of £286,500 on 15 Feb 2019. This value is then adjusted by the current Official House Price Index for LUTON 1
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Leagrave Train Station, 9 Compton Avenue, Luton, LU4 9AX
Phone: 01582936711
Price Paid | Date |
---|---|
£286,500 | 15 Feb 2019 |
£131,000 | 23 Aug 2002 |
Semi-Detached |
Freehold |
Floor Area: 78 sq meters or 839 sq feet |
This model uses changes in the Official Land Registry House Price Index for LUTON to estimate the market value.
When this house was purchased in February 2019 the House Price Index for LUTON was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.527%.Applying this 23.527% change to the original purchase price of £286,500 results in an estimated price of approximately £353,904.
15 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.527 % | £286,500 | £67,404 | £353,904 |
The Postcode Pricing Model uses changes in average sales price within the LU3 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 66.327 % | £190,028 | £476,528 |
3 Month Average | 8.875 % | £25,425 | £311,925 |
6 Month Average | 27.175 % | £77,856 | £364,356 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £334,959 | £330,000 | 41 PENNINE AVENUE |
28 Apr 2023 | £318,429 | £315,000 | 52 PENNINE AVENUE |
2 Mar 2023 | £368,471 | £365,000 | 80 GRAMPIAN WAY |
1 Jul 2022 | £313,845 | £313,000 | 62 PENNINE AVENUE |
18 Feb 2022 | £351,313 | £335,000 | 100 GRAMPIAN WAY |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 14 Aug 2018. Using an estimated price of £353,904 means this house is valued at £4,537 per sq meter (£421 per sq foot).
There is one other house on the street which we know the size of, this is 2 EDGEHILL GARDENS it is 80.0
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other theft | Under investigation | On or near Edgehill Gardens |
Apr 2024 | Possession of weapons | Under investigation | On or near Edgehill Gardens |