£276,502
This estimated value is based upon the latest sale price for the house of £200,000 on 29 Jan 2016. 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 | 29 Jan 2016 |
£135,000 | 17 Sep 2004 |
£88,000 | 1 May 2002 |
Semi-Detached |
Freehold |
Floor Area: 75 sq meters or 807 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 January 2016 the House Price Index for LUTON was 108.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 38.251%.Applying this 38.251% change to the original purchase price of £200,000 results in an estimated price of approximately £276,502.
29 Jan 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.3 | 149.7 | 38.251 % | £200,000 | £76,502 | £276,502 |
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 | 23.848 % | £47,695 | £247,695 |
3 Month Average | 38.564 % | £77,128 | £277,128 |
6 Month Average | 40.013 % | £80,026 | £280,026 |
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 |
23 Aug 2023 | £330,969 | £325,000 | 46 CHEVIOT ROAD |
9 Feb 2023 | £332,219 | £330,000 | 38 CHEVIOT ROAD |
3 Feb 2023 | £322,152 | £320,000 | 18 PLANTATION ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 17 Sep 2015. Using an estimated price of £276,503 means this house is valued at £3,686 per sq meter (£342 per sq foot).
The average size of a house on EIGHTH AVENUE is 77 sq meters (837 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Eighth Avenue | |
Jun 2024 | Anti-social behaviour | On or near Eighth Avenue | |
Jun 2024 | Anti-social behaviour | On or near Eighth Avenue | |
Apr 2024 | Anti-social behaviour | On or near Eighth Avenue | |
Apr 2024 | Anti-social behaviour | On or near Eighth Avenue |