£249,057
This estimated value is based upon the latest sale price for the house of £200,000 on 31 May 2019. 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 |
---|---|
£200,000 | 31 May 2019 |
£108,000 | 25 Jul 2003 |
£73,000 | 21 Aug 2001 |
£41,500 | 17 Jul 1997 |
Semi-Detached |
Freehold |
Floor Area: 52 sq meters or 559 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 2019 the House Price Index for LUTON was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £200,000 results in an estimated price of approximately £249,057.
31 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.2 | 149.7 | 24.529 % | £200,000 | £49,057 | £249,057 |
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 | 34.360 % | £68,719 | £268,719 |
3 Month Average | 15.841 % | £31,682 | £231,682 |
6 Month Average | 15.765 % | £31,530 | £231,530 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jan 2023 | £295,790 | £295,000 | 120 FOURTH AVENUE |
29 Apr 2022 | £262,468 | £253,000 | 90 THIRD AVENUE |
14 Apr 2022 | £254,168 | £245,000 | 56 THIRD AVENUE |
25 Feb 2022 | £274,679 | £260,000 | 114 FOURTH AVENUE |
27 Jan 2022 | £212,040 | £200,000 | 54 THIRD AVENUE |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 31 Jul 2018. Using an estimated price of £249,058 means this house is valued at £4,789 per sq meter (£444 per sq foot).
The average size of a house on FOURTH AVENUE is 63 sq meters (680 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Third Avenue |
Jul 2024 | Violence and sexual offences | Offender given a caution | On or near Third Avenue |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Third Avenue |
Jul 2024 | Possession of weapons | Unable to prosecute suspect | On or near Third Avenue |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Third Avenue |