£369,301
This estimated value is based upon the latest sale price for the house of £275,000 on 4 May 2016. 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 |
---|---|
£275,000 | 4 May 2016 |
£164,000 | 7 Dec 2012 |
Semi-Detached |
Freehold |
Floor Area: 94 sq meters or 1,011 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 May 2016 the House Price Index for LUTON was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £275,000 results in an estimated price of approximately £369,301.
4 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.7 | 148.6 | 34.292 % | £275,000 | £94,301 | £369,301 |
The Postcode Pricing Model uses changes in average sales price within the LU4 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 | 25.171 % | £69,220 | £344,220 |
3 Month Average | 45.480 % | £125,071 | £400,071 |
6 Month Average | 46.120 % | £126,831 | £401,831 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Apr 2023 | £189,541 | £187,500 | 76 ORCHID CLOSE |
19 Apr 2023 | £187,014 | £185,000 | 72 ORCHID CLOSE |
8 Mar 2023 | £179,693 | £178,000 | 3 ORCHID CLOSE |
1 Jul 2022 | £171,462 | £171,000 | 4 ORCHID CLOSE |
29 Apr 2022 | £171,976 | £167,000 | 69 ORCHID CLOSE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 7 Nov 2012. Using an estimated price of £369,302 means this house is valued at £3,928 per sq meter (£364 per sq foot).
The average size of a house on TODDINGTON ROAD is 95 sq meters (1,026 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Toddington Road |
Mar 2024 | Anti-social behaviour | On or near Toddington Road | |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Locarno Avenue |
Jan 2024 | Violence and sexual offences | Local resolution | On or near Locarno Avenue |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Locarno Avenue |