£248,595
This estimated value is based upon the latest sale price for the house of £137,950 on 2 Dec 2005. This value is then adjusted by the current Official House Price Index for BEDFORDSHIRE 1
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Leagrave Train Station, 9 Compton Avenue, Luton, LU4 9AX
Phone: 01582936711
| Price Paid | Date |
|---|---|
| £137,950 | 2 Dec 2005 |
| £82,000 | 22 Nov 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 68 sq meters or 731 sq feet |
This model uses changes in the Official Land Registry House Price Index for BEDFORDSHIRE to estimate the market value.
When this house was purchased in December 2005 the House Price Index for BEDFORDSHIRE was 82.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 80.207%.Applying this 80.207% change to the original purchase price of £137,950 results in an estimated price of approximately £248,595.
| 2 Dec 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.5 | 148.6 | 80.207 % | £137,950 | £110,645 | £248,595 |
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 | 95.559 % | £131,823 | £269,773 |
| 3 Month Average | 89.193 % | £123,041 | £260,991 |
| 6 Month Average | 105.710 % | £145,827 | £283,777 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jan 2023 | £293,617 | £295,000 | 120 FOURTH AVENUE |
| 29 Apr 2022 | £260,539 | £253,000 | 90 THIRD AVENUE |
| 14 Apr 2022 | £252,301 | £245,000 | 56 THIRD AVENUE |
| 25 Feb 2022 | £272,661 | £260,000 | 114 FOURTH AVENUE |
| 27 Jan 2022 | £210,482 | £200,000 | 54 THIRD AVENUE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 5 Aug 2013. Using an estimated price of £248,595 means this house is valued at £3,655 per sq meter (£339 per sq foot).
The average size of a house on FOURTH AVENUE is 63 sq meters (680 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Third Avenue |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Third Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Third Avenue |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Third Avenue |
| Dec 2023 | Violence and sexual offences | Action to be taken by another organisation | On or near Third Avenue |