£360,300
This estimated value is based upon the latest sale price for the house of £117,000 on 11 Feb 2002. 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 |
|---|---|
| £117,000 | 11 Feb 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 2002 the House Price Index for LUTON was 48.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 207.949%.Applying this 207.949% change to the original purchase price of £117,000 results in an estimated price of approximately £360,300.
| 11 Feb 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 48.3 | 148.6 | 207.949 % | £117,000 | £243,300 | £360,300 |
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 | 254.738 % | £298,043 | £415,043 |
| 3 Month Average | 227.424 % | £266,085 | £383,085 |
| 6 Month Average | 247.108 % | £289,116 | £406,116 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £330,788 | £325,000 | 76 GRAMPIAN WAY |
| 28 Apr 2023 | £318,429 | £315,000 | 52 PENNINE AVENUE |
| 9 Jan 2023 | £343,382 | £345,000 | 3 GRAMPIAN WAY |
| 1 Jul 2022 | £313,845 | £313,000 | 62 PENNINE AVENUE |
| 20 Jun 2022 | £329,659 | £325,000 | 27 CRANBROOK DRIVE |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 10 Sep 2014. Using an estimated price of £360,301 means this house is valued at £3,498 per sq meter (£324 per sq foot).
The average size of a house on GRAMPIAN WAY is 84 sq meters (913 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Pennine Avenue |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Pennine Avenue |
| Dec 2023 | Anti-social behaviour | On or near Copse Way | |
| Dec 2023 | Anti-social behaviour | On or near Copse Way | |
| Dec 2023 | Anti-social behaviour | On or near Copse Way |