£318,304
This estimated value is based upon the latest sale price for the house of £248,000 on 16 Feb 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 |
|---|---|
| £248,000 | 16 Feb 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 February 2017 the House Price Index for LUTON was 114.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 28.349%.Applying this 28.349% change to the original purchase price of £248,000 results in an estimated price of approximately £318,304.
| 16 Feb 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 146.7 | 28.349 % | £248,000 | £70,304 | £318,304 |
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 | 25.784 % | £63,943 | £311,943 |
| 3 Month Average | 18.714 % | £46,410 | £294,410 |
| 6 Month Average | 28.679 % | £71,125 | £319,125 |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 14 Nov 2016.
The average size of a house on LILAC GROVE is 81 sq meters (875 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Epping Way |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chestnut Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Oakwood Drive |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oakwood Drive |
| Mar 2024 | Drugs | Under investigation | On or near Wellfield Avenue |