£336,573
This estimated value is based upon the latest sale price for the house of £265,000 on 10 Aug 2017. 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 |
|---|---|
| £265,000 | 10 Aug 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 August 2017 the House Price Index for LUTON was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £265,000 results in an estimated price of approximately £336,573.
| 10 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.6 | 27.009 % | £265,000 | £71,573 | £336,573 |
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 | 57.622 % | £152,698 | £417,698 |
| 3 Month Average | 6.137 % | £16,262 | £281,262 |
| 6 Month Average | 31.754 % | £84,149 | £349,149 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £318,429 | £315,000 | 52 PENNINE AVENUE |
| 2 Mar 2023 | £368,471 | £365,000 | 80 GRAMPIAN WAY |
| 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 82 sq meters or 882 sq feet when measured on 26 May 2017. Using an estimated price of £336,574 means this house is valued at £4,104 per sq meter (£381 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 |
| Feb 2024 | Anti-social behaviour | On or near Kinross Crescent | |
| Feb 2024 | Anti-social behaviour | On or near Kinross Crescent | |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Kinross Crescent |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Third Avenue |