£314,398
This estimated value is based upon the latest sale price for the house of £170,000 on 15 May 2009. 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 |
|---|---|
| £170,000 | 15 May 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 108 sq meters or 1,172 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 2009 the House Price Index for LUTON was 80.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.940%.Applying this 84.940% change to the original purchase price of £170,000 results in an estimated price of approximately £314,398.
| 15 May 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 148.6 | 84.940 % | £170,000 | £144,398 | £314,398 |
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 | 158.747 % | £269,869 | £439,869 |
| 3 Month Average | 99.158 % | £168,568 | £338,568 |
| 6 Month Average | 122.487 % | £208,228 | £378,228 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Aug 2023 | £309,709 | £307,000 | 13 FIRBANK CLOSE |
| 14 Feb 2023 | £247,034 | £247,200 | 12 CHESTNUT AVENUE |
| 5 Aug 2022 | £319,141 | £320,000 | 24 CHESTNUT AVENUE |
| 12 May 2022 | £356,722 | £350,000 | 15 CHESTNUT AVENUE |
| 22 Apr 2022 | £370,728 | £360,000 | 36 CHESTNUT AVENUE |
This house has a floor area of 108 sq meters or 1,172 sq feet when measured on 3 Nov 2008. Using an estimated price of £314,398 means this house is valued at £2,887 per sq meter (£268 per sq foot).
There is one other house on the street which we know the size of, this is 9 SYCAMORE CLOSE it is 76.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chestnut Avenue |
| Apr 2024 | Other theft | Under investigation | On or near Epping Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Oakwood Drive |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oakwood Drive |
| Apr 2024 | Vehicle crime | Under investigation | On or near Dencora Way |