£380,048
This estimated value is based upon the latest sale price for the house of £305,000 on 28 Aug 2018. 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 |
---|---|
£305,000 | 28 Aug 2018 |
£191,000 | 18 Jun 2004 |
£65,000 | 23 Aug 1996 |
Semi-Detached |
Freehold |
Floor Area: 121 sq meters or 1,302 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 August 2018 the House Price Index for LUTON was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £305,000 results in an estimated price of approximately £380,048.
28 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.1 | 149.7 | 24.606 % | £305,000 | £75,048 | £380,048 |
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 | 22.940 % | £69,968 | £374,968 |
3 Month Average | 14.865 % | £45,339 | £350,339 |
6 Month Average | 16.682 % | £50,878 | £355,878 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £353,986 | £345,000 | 400 SUNDON PARK ROAD |
15 Aug 2023 | £312,639 | £307,000 | 13 FIRBANK CLOSE |
14 Feb 2023 | £248,862 | £247,200 | 12 CHESTNUT AVENUE |
5 Aug 2022 | £321,503 | £320,000 | 24 CHESTNUT AVENUE |
12 May 2022 | £359,362 | £350,000 | 15 CHESTNUT AVENUE |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 26 Jul 2018. Using an estimated price of £380,048 means this house is valued at £3,140 per sq meter (£291 per sq foot).
The average size of a house on CHESTNUT AVENUE is 107 sq meters (1,156 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Chestnut Avenue | |
Jun 2024 | Anti-social behaviour | On or near Chestnut Avenue | |
Jul 2024 | Drugs | Under investigation | On or near Firbank Close |
May 2024 | Anti-social behaviour | On or near Firbank Close | |
May 2024 | Anti-social behaviour | On or near Firbank Close |