£281,005
This estimated value is based upon the latest sale price for the house of £54,000 on 16 May 1997. 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 |
---|---|
£54,000 | 16 May 1997 |
Semi-Detached |
Freehold |
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 May 1997 the House Price Index for LUTON was 28.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 420.381%.Applying this 420.381% change to the original purchase price of £54,000 results in an estimated price of approximately £281,005.
16 May 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
28.8 | 149.7 | 420.381 % | £54,000 | £227,005 | £281,005 |
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 | 468.340 % | £252,903 | £306,903 |
3 Month Average | 486.971 % | £262,964 | £316,964 |
6 Month Average | 512.095 % | £276,531 | £330,531 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Dec 2023 | £280,623 | £272,000 | 16 THIRD AVENUE |
1 Aug 2023 | £249,500 | £245,000 | 22 TENTH AVENUE |
12 Jun 2023 | £346,953 | £340,000 | 66 HILL RISE |
22 Feb 2023 | £312,085 | £310,000 | 23 HILL RISE |
24 Jan 2023 | £270,723 | £270,000 | 17 FOURTH AVENUE |
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Downlands |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tenth Avenue |
Apr 2024 | Robbery | Awaiting court outcome | On or near Tenth Avenue |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Tenth Avenue |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Tenth Avenue |