£243,575
This estimated value is based upon the latest sale price for the house of £140,000 on 27 May 2011. 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 |
|---|---|
| £140,000 | 27 May 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 907 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 2011 the House Price Index for LUTON was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.982%.Applying this 73.982% change to the original purchase price of £140,000 results in an estimated price of approximately £243,575.
| 27 May 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 73.982 % | £140,000 | £103,575 | £243,575 |
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 | 87.498 % | £122,497 | £262,497 |
| 3 Month Average | 79.633 % | £111,486 | £251,486 |
| 6 Month Average | 82.682 % | £115,755 | £255,755 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2023 | £510,971 | £498,000 | 53 EIGHTH AVENUE |
| 3 Nov 2023 | £397,593 | £387,500 | 1 CHEVIOT CLOSE |
| 27 Oct 2023 | £340,739 | £333,000 | 87 HILL RISE |
| 23 Aug 2023 | £330,969 | £325,000 | 46 CHEVIOT ROAD |
| 9 Feb 2023 | £332,219 | £330,000 | 38 CHEVIOT ROAD |
This house has a floor area of 84 sq meters or 907 sq feet when measured on 11 Jan 2011. Using an estimated price of £243,575 means this house is valued at £2,888 per sq meter (£268 per sq foot).
The average size of a house on CHEVIOT ROAD is 90 sq meters (974 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Cheviot Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cheviot Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cheviot Road |
| Jul 2024 | Anti-social behaviour | On or near Eighth Avenue | |
| Jun 2024 | Anti-social behaviour | On or near Eighth Avenue |