£255,541
This estimated value is based upon the latest sale price for the house of £116,500 on 5 Dec 2003. 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 |
---|---|
£116,500 | 5 Dec 2003 |
£48,250 | 2 Jul 1999 |
Semi-Detached |
Freehold |
Floor Area: 66 sq meters or 710 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 December 2003 the House Price Index for LUTON was 68.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 119.349%.Applying this 119.349% change to the original purchase price of £116,500 results in an estimated price of approximately £255,541.
5 Dec 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
68.2 | 149.7 | 119.349 % | £116,500 | £139,041 | £255,541 |
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 | 140.515 % | £163,700 | £280,200 |
3 Month Average | 120.937 % | £140,892 | £257,392 |
6 Month Average | 126.333 % | £147,178 | £263,678 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Dec 2023 | £254,830 | £247,000 | 45 FOURTH AVENUE |
12 Dec 2023 | £280,623 | £272,000 | 16 THIRD AVENUE |
1 Sep 2023 | £252,568 | £247,000 | 76 FOURTH AVENUE |
29 Apr 2022 | £262,468 | £253,000 | 90 THIRD AVENUE |
14 Apr 2022 | £254,168 | £245,000 | 56 THIRD AVENUE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 8 Feb 2015. Using an estimated price of £255,542 means this house is valued at £3,871 per sq meter (£359 per sq foot).
The average size of a house on FOURTH AVENUE is 63 sq meters (680 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fourth Avenue |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Fourth Avenue |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Fourth Avenue |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fourth Avenue |
Jul 2024 | Anti-social behaviour | On or near Ninth Avenue |