£323,339
This estimated value is based upon the latest sale price for the house of £148,500 on 3 Dec 2003. 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 |
---|---|
£148,500 | 3 Dec 2003 |
Semi-Detached |
Freehold |
Floor Area: 80 sq meters or 861 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 December 2003 the House Price Index for LUTON was 68.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 117.737%.Applying this 117.737% change to the original purchase price of £148,500 results in an estimated price of approximately £323,339.
3 Dec 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
68.2 | 148.6 | 117.737 % | £148,500 | £174,839 | £323,339 |
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 | 201.386 % | £299,058 | £447,558 |
3 Month Average | 112.949 % | £167,729 | £316,229 |
6 Month Average | 146.329 % | £217,298 | £365,798 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £330,788 | £325,000 | 76 GRAMPIAN WAY |
28 Apr 2023 | £318,429 | £315,000 | 52 PENNINE AVENUE |
9 Jan 2023 | £343,382 | £345,000 | 3 GRAMPIAN WAY |
1 Jul 2022 | £313,845 | £313,000 | 62 PENNINE AVENUE |
20 Jun 2022 | £329,659 | £325,000 | 27 CRANBROOK DRIVE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 19 Feb 2018. Using an estimated price of £323,340 means this house is valued at £4,041 per sq meter (£375 per sq foot).
The average size of a house on GRAMPIAN WAY is 84 sq meters (913 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Under investigation | On or near Alpine Way |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Third Avenue |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Third Avenue |
Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Third Avenue |
Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Third Avenue |