£276,662
This estimated value is based upon the latest sale price for the house of £215,000 on 3 May 2017. 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 |
|---|---|
| £215,000 | 3 May 2017 |
| £135,000 | 21 Dec 2006 |
| £66,500 | 30 Mar 2001 |
| £52,500 | 14 Oct 1998 |
| £26,500 | 17 Jul 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 57 sq meters or 613 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 2017 the House Price Index for LUTON was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £215,000 results in an estimated price of approximately £276,662.
| 3 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 148.6 | 28.680 % | £215,000 | £61,662 | £276,662 |
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 | 72.074 % | £154,959 | £369,959 |
| 3 Month Average | 16.157 % | £34,736 | £249,736 |
| 6 Month Average | 36.325 % | £78,098 | £293,098 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £250,199 | £247,000 | 76 FOURTH AVENUE |
| 1 Aug 2023 | £247,162 | £245,000 | 22 TENTH AVENUE |
| 7 Mar 2023 | £237,235 | £235,000 | 162 SUNDON PARK ROAD |
| 24 Jan 2023 | £268,734 | £270,000 | 17 FOURTH AVENUE |
| 20 Jan 2023 | £278,687 | £280,000 | 5 SELINA CLOSE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 13 Mar 2017. Using an estimated price of £276,663 means this house is valued at £4,853 per sq meter (£450 per sq foot).
The average size of a house on FOURTH AVENUE is 63 sq meters (680 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Selina Close |
| Mar 2024 | Anti-social behaviour | On or near Selina Close | |
| Mar 2024 | Anti-social behaviour | On or near Selina Close | |
| Feb 2024 | Possession of weapons | Under investigation | On or near Selina Close |
| Jan 2024 | Anti-social behaviour | On or near Selina Close |