£303,267
This estimated value is based upon the latest sale price for the house of £242,000 on 16 Mar 2018. 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 |
---|---|
£242,000 | 16 Mar 2018 |
£143,000 | 1 Apr 2003 |
£88,000 | 30 Oct 2000 |
£43,000 | 31 Aug 1995 |
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 March 2018 the House Price Index for LUTON was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £242,000 results in an estimated price of approximately £303,267.
16 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.6 | 148.6 | 25.317 % | £242,000 | £61,267 | £303,267 |
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 | 83.290 % | £201,562 | £443,562 |
3 Month Average | 14.959 % | £36,201 | £278,201 |
6 Month Average | 30.916 % | £74,817 | £316,817 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Sep 2023 | £395,051 | £390,000 | 62 MENDIP WAY |
21 Apr 2023 | £257,776 | £255,000 | 144 GRAMPIAN WAY |
17 Mar 2023 | £312,948 | £310,000 | 149 GRAMPIAN WAY |
2 Mar 2023 | £368,471 | £365,000 | 80 GRAMPIAN WAY |
26 Aug 2022 | £367,012 | £368,000 | 115 MENDIP WAY |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 22 Sep 2017. Using an estimated price of £303,267 means this house is valued at £3,790 per sq meter (£352 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 | Robbery | Under investigation | On or near Greengate |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Greengate |
Feb 2024 | Vehicle crime | Suspect charged as part of another case | On or near Ashwell Avenue |
Jan 2024 | Public order | Unable to prosecute suspect | On or near Ashwell Avenue |
Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Ashwell Avenue |