£319,490
This estimated value is based upon the latest sale price for the house of £215,000 on 16 Jan 2015. 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 | 16 Jan 2015 |
| 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 January 2015 the House Price Index for LUTON was 100.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 48.600%.Applying this 48.600% change to the original purchase price of £215,000 results in an estimated price of approximately £319,490.
| 16 Jan 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 148.6 | 48.600 % | £215,000 | £104,490 | £319,490 |
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 | 141.134 % | £303,437 | £518,437 |
| 3 Month Average | 60.944 % | £131,029 | £346,029 |
| 6 Month Average | 81.673 % | £175,596 | £390,596 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Aug 2023 | £302,648 | £300,000 | 3 LITTLE BERRIES |
| 4 Aug 2023 | £256,242 | £254,000 | 8 LITTLE BERRIES |
| 16 Jun 2023 | £248,004 | £245,000 | 251 WAULUDS BANK DRIVE |
| 24 Mar 2023 | £136,284 | £135,000 | 63 LEABANK |
| 9 Feb 2023 | £269,818 | £270,000 | 15 BAGWICKS CLOSE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 15 Feb 2014. Using an estimated price of £319,490 means this house is valued at £5,605 per sq meter (£520 per sq foot).
The average size of a house on SPINNEY ROAD is 82 sq meters (883 sq feet).
This house is the smallest in the street with a floor area of 57 sq meters (613 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Drugs | Under investigation | On or near Honiton Mews |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Honiton Mews |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Honiton Mews |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Honiton Mews |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hillary Close |