£274,799
This estimated value is based upon the latest sale price for the house of £159,000 on 23 Dec 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 |
|---|---|
| £159,000 | 23 Dec 2009 |
| £59,000 | 18 Dec 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 2009 the House Price Index for LUTON was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.830%.Applying this 72.830% change to the original purchase price of £159,000 results in an estimated price of approximately £274,799.
| 23 Dec 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.830 % | £159,000 | £115,799 | £274,799 |
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 | 146.346 % | £232,690 | £391,690 |
| 3 Month Average | 73.814 % | £117,364 | £276,364 |
| 6 Month Average | 101.208 % | £160,920 | £319,920 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £330,788 | £325,000 | 76 GRAMPIAN WAY |
| 30 Jun 2023 | £344,169 | £340,000 | 74 CRANBROOK DRIVE |
| 9 Jan 2023 | £343,382 | £345,000 | 3 GRAMPIAN WAY |
| 20 Jun 2022 | £329,659 | £325,000 | 27 CRANBROOK DRIVE |
| 24 Jan 2022 | £378,867 | £360,000 | 62 CRANBROOK DRIVE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 19 Sep 2019. Using an estimated price of £274,799 means this house is valued at £3,870 per sq meter (£359 per sq foot).
The average size of a house on GRAMPIAN WAY is 84 sq meters (913 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Edgehill Gardens |
| Apr 2024 | Possession of weapons | Under investigation | On or near Edgehill Gardens |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Kendal Close |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Alpine Way |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Third Avenue |