£261,824
This estimated value is based upon the latest sale price for the house of £163,000 on 25 Apr 2007. 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 |
|---|---|
| £163,000 | 25 Apr 2007 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 899 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 April 2007 the House Price Index for LUTON was 92.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.629%.Applying this 60.629% change to the original purchase price of £163,000 results in an estimated price of approximately £261,824.
| 25 Apr 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.5 | 148.6 | 60.629 % | £163,000 | £98,824 | £261,824 |
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 | 151.325 % | £246,660 | £409,660 |
| 3 Month Average | 72.561 % | £118,274 | £281,274 |
| 6 Month Average | 97.803 % | £159,419 | £322,419 |
| 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 |
| 2 Jun 2023 | £379,598 | £375,000 | 57 ROSSFOLD ROAD |
| 27 Feb 2023 | £365,754 | £366,000 | 136 ROSSFOLD ROAD |
| 9 Jan 2023 | £343,382 | £345,000 | 3 GRAMPIAN WAY |
This house has a floor area of 83 sq meters or 899 sq feet when measured on 20 Dec 2011. Using an estimated price of £261,825 means this house is valued at £3,133 per sq meter (£291 per sq foot).
The average size of a house on CRANBROOK DRIVE is 86 sq meters (926 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Alpine Way |
| 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 | Criminal damage and arson | Unable to prosecute suspect | On or near Rossfold Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Rossfold Road |