£312,702
This estimated value is based upon the latest sale price for the house of £256,000 on 15 Nov 2019. 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 |
|---|---|
| £256,000 | 15 Nov 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 2019 the House Price Index for LUTON was 121.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.149%.Applying this 22.149% change to the original purchase price of £256,000 results in an estimated price of approximately £312,702.
| 15 Nov 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.0 | 22.149 % | £256,000 | £56,702 | £312,702 |
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 | 54.222 % | £138,808 | £394,808 |
| 3 Month Average | 12.485 % | £31,961 | £287,961 |
| 6 Month Average | 30.191 % | £77,289 | £333,289 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Apr 2023 | £256,909 | £255,000 | 144 GRAMPIAN WAY |
| 17 Mar 2023 | £311,685 | £310,000 | 149 GRAMPIAN WAY |
| 6 Feb 2023 | £368,258 | £370,000 | 78 MENDIP WAY |
| 26 Aug 2022 | £365,530 | £368,000 | 115 MENDIP WAY |
| 15 Jun 2022 | £313,174 | £310,000 | 14 REDWOOD DRIVE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 19 Sep 2019. Using an estimated price of £312,702 means this house is valued at £4,061 per sq meter (£377 per sq foot).
The average size of a house on GRAMPIAN WAY is 84 sq meters (913 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 |
| Feb 2024 | Vehicle crime | Suspect charged as part of another case | On or near Ashwell Avenue |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Ashwell Avenue |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Ashwell Avenue |