£214,275
This estimated value is based upon the latest sale price for the house of £200,000 on 22 Dec 2021. 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 |
|---|---|
| £200,000 | 22 Dec 2021 |
| Semi-Detached |
| Freehold |
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 2021 the House Price Index for LUTON was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £200,000 results in an estimated price of approximately £214,275.
| 22 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.6 | 7.138 % | £200,000 | £14,275 | £214,275 |
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 | -2.230 % | £-4,459 | £195,540 |
| 3 Month Average | -10.535 % | £-21,070 | £178,929 |
| 6 Month Average | 15.390 % | £30,780 | £230,780 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Sep 2023 | £395,051 | £390,000 | 62 MENDIP WAY |
| 21 Apr 2023 | £257,776 | £255,000 | 144 GRAMPIAN WAY |
| 17 Mar 2023 | £312,948 | £310,000 | 149 GRAMPIAN WAY |
| 6 Feb 2023 | £369,751 | £370,000 | 78 MENDIP WAY |
| 26 Aug 2022 | £367,012 | £368,000 | 115 MENDIP WAY |
| 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 | Vehicle crime | Investigation complete; no suspect identified | On or near Ashwell Avenue |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Ashwell Avenue |