£373,634
This estimated value is based upon the latest sale price for the house of £280,000 on 7 Oct 2016. 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 |
---|---|
£280,000 | 7 Oct 2016 |
Semi-Detached |
Freehold |
Floor Area: 114 sq meters or 1,227 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 October 2016 the House Price Index for LUTON was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £280,000 results in an estimated price of approximately £373,634.
7 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.2 | 149.7 | 33.441 % | £280,000 | £93,634 | £373,634 |
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 | 26.156 % | £73,235 | £353,235 |
3 Month Average | 28.832 % | £80,730 | £360,730 |
6 Month Average | 30.802 % | £86,245 | £366,245 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Dec 2023 | £280,623 | £272,000 | 16 THIRD AVENUE |
1 Aug 2023 | £249,500 | £245,000 | 22 TENTH AVENUE |
12 Jun 2023 | £346,953 | £340,000 | 66 HILL RISE |
22 Feb 2023 | £312,085 | £310,000 | 23 HILL RISE |
24 Jan 2023 | £270,723 | £270,000 | 17 FOURTH AVENUE |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 9 Jun 2016. Using an estimated price of £373,635 means this house is valued at £3,277 per sq meter (£304 per sq foot).
The average size of a house on DOWNLANDS is 112 sq meters (1,205 sq feet).
This house is the largest in the street with a floor area of 114 sq meters (1,227 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Downlands |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tenth Avenue |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Tenth Avenue |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Tenth Avenue |
Apr 2024 | Robbery | Awaiting court outcome | On or near Tenth Avenue |