£252,394
This estimated value is based upon the latest sale price for the house of £190,000 on 9 Sep 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 |
|---|---|
| £190,000 | 9 Sep 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 122 sq meters or 1,313 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 September 2016 the House Price Index for LUTON was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £190,000 results in an estimated price of approximately £252,394.
| 9 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.6 | 32.839 % | £190,000 | £62,394 | £252,394 |
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 | 91.126 % | £173,139 | £363,139 |
| 3 Month Average | 24.724 % | £46,975 | £236,975 |
| 6 Month Average | 42.230 % | £80,236 | £270,236 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £330,788 | £325,000 | 76 GRAMPIAN WAY |
| 14 Nov 2023 | £505,484 | £498,000 | 53 EIGHTH AVENUE |
| 21 Sep 2023 | £339,339 | £335,000 | 17 ROSSFOLD ROAD |
| 4 Sep 2023 | £374,792 | £370,000 | 9 HILL RISE |
| 9 Jan 2023 | £343,382 | £345,000 | 3 GRAMPIAN WAY |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 20 Nov 2016. Using an estimated price of £252,394 means this house is valued at £2,068 per sq meter (£192 per sq foot).
The average size of a house on HILL RISE is 92 sq meters (998 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Kendal Close |
| Apr 2024 | Anti-social behaviour | On or near Eighth Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Eighth Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Eighth Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Eighth Avenue |