£174,449
This estimated value is based upon the latest sale price for the house of £47,500 on 28 Sep 2000. 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 |
---|---|
£47,500 | 28 Sep 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 72 sq meters or 775 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 September 2000 the House Price Index for LUTON was 40.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 267.261%.Applying this 267.261% change to the original purchase price of £47,500 results in an estimated price of approximately £174,449.
28 Sep 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
40.5 | 148.6 | 267.261 % | £47,500 | £126,949 | £174,449 |
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 | 425.537 % | £202,130 | £249,630 |
3 Month Average | 281.919 % | £133,911 | £181,411 |
6 Month Average | 340.853 % | £161,904 | £209,404 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Mar 2023 | £302,853 | £300,000 | 21 FAIRFAX AVENUE |
30 Jan 2023 | £293,617 | £295,000 | 120 FOURTH AVENUE |
21 Nov 2022 | £96,827 | £98,000 | 1 - 3 FAIRFAX AVENUE |
14 Oct 2022 | £286,911 | £290,000 | 36 FAIRFAX AVENUE |
31 Aug 2022 | £324,128 | £325,000 | 4 HIGH BEECH ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 4 Mar 2016. Using an estimated price of £174,449 means this house is valued at £2,422 per sq meter (£225 per sq foot).
The average size of a house on HIGH BEECH ROAD is 87 sq meters (944 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near High Beech Road |
Feb 2024 | Criminal damage and arson | Under investigation | On or near High Beech Road |
Feb 2024 | Anti-social behaviour | On or near Eighth Avenue | |
Feb 2024 | Anti-social behaviour | On or near Eighth Avenue | |
Feb 2024 | Anti-social behaviour | On or near Eighth Avenue |