£307,471
This estimated value is based upon the latest sale price for the house of £192,500 on 17 Jan 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 |
|---|---|
| £192,500 | 17 Jan 2014 |
| £166,000 | 27 Mar 2006 |
| £92,500 | 31 Jul 2000 |
| £64,995 | 29 May 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 January 2014 the House Price Index for LUTON was 93.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.725%.Applying this 59.725% change to the original purchase price of £192,500 results in an estimated price of approximately £307,471.
| 17 Jan 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 148.6 | 59.725 % | £192,500 | £114,971 | £307,471 |
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 | 137.073 % | £263,866 | £456,366 |
| 3 Month Average | 68.675 % | £132,199 | £324,699 |
| 6 Month Average | 86.848 % | £167,182 | £359,682 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £314,658 | £310,000 | 122 ROSSFOLD ROAD |
| 30 Jun 2023 | £344,169 | £340,000 | 74 CRANBROOK DRIVE |
| 2 Jun 2023 | £379,598 | £375,000 | 57 ROSSFOLD ROAD |
| 7 Mar 2023 | £264,492 | £262,000 | 126 ROSSFOLD ROAD |
| 20 Jun 2022 | £329,659 | £325,000 | 27 CRANBROOK DRIVE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 16 Oct 2013. Using an estimated price of £307,471 means this house is valued at £3,534 per sq meter (£328 per sq foot).
The average size of a house on ALPINE WAY is 102 sq meters (1,098 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Alpine Way |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Rossfold Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Rossfold Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Rossfold Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near The Croft |