£263,236
This estimated value is based upon the latest sale price for the house of £170,000 on 23 Jun 2014. 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 |
|---|---|
| £170,000 | 23 Jun 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 June 2014 the House Price Index for LUTON was 96.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 54.845%.Applying this 54.845% change to the original purchase price of £170,000 results in an estimated price of approximately £263,236.
| 23 Jun 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 149.7 | 54.845 % | £170,000 | £93,236 | £263,236 |
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 | 112.025 % | £190,442 | £360,442 |
| 3 Month Average | 81.266 % | £138,151 | £308,151 |
| 6 Month Average | 81.095 % | £137,861 | £307,861 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Sep 2023 | £398,791 | £390,000 | 62 MENDIP WAY |
| 17 Mar 2023 | £315,265 | £310,000 | 149 GRAMPIAN WAY |
| 2 Mar 2023 | £371,199 | £365,000 | 80 GRAMPIAN WAY |
| 26 Aug 2022 | £369,729 | £368,000 | 115 MENDIP WAY |
| 15 Jun 2022 | £316,771 | £310,000 | 14 REDWOOD DRIVE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 10 Mar 2014. Using an estimated price of £263,237 means this house is valued at £3,707 per sq meter (£344 per sq foot).
The average size of a house on GRAMPIAN WAY is 84 sq meters (913 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Grampian Way |
| May 2024 | Vehicle crime | Under investigation | On or near Grampian Way |
| Jun 2024 | Anti-social behaviour | On or near Edgehill Gardens | |
| Jun 2024 | Anti-social behaviour | On or near Edgehill Gardens | |
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Edgehill Gardens |