£292,442
This estimated value is based upon the latest sale price for the house of £210,000 on 20 Nov 2015. 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 |
|---|---|
| £210,000 | 20 Nov 2015 |
| £150,000 | 23 Nov 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 November 2015 the House Price Index for LUTON was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £210,000 results in an estimated price of approximately £292,442.
| 20 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.6 | 39.258 % | £210,000 | £82,442 | £292,442 |
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 | 98.356 % | £206,546 | £416,546 |
| 3 Month Average | 34.399 % | £72,237 | £282,237 |
| 6 Month Average | 56.955 % | £119,606 | £329,606 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £334,959 | £330,000 | 41 PENNINE AVENUE |
| 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 |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 18 Sep 2012. Using an estimated price of £292,443 means this house is valued at £3,847 per sq meter (£357 per sq foot).
The average size of a house on PENNINE AVENUE is 88 sq meters (951 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Edgehill Gardens |
| Apr 2024 | Possession of weapons | Under investigation | On or near Edgehill Gardens |