£295,016
This estimated value is based upon the latest sale price for the house of £175,000 on 24 May 2013. 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 |
|---|---|
| £175,000 | 24 May 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 62 sq meters or 667 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 May 2013 the House Price Index for LUTON was 88.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.581%.Applying this 68.581% change to the original purchase price of £175,000 results in an estimated price of approximately £295,016.
| 24 May 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 149.7 | 68.581 % | £175,000 | £120,016 | £295,016 |
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 | 81.330 % | £142,327 | £317,327 |
| 3 Month Average | 74.949 % | £131,160 | £306,160 |
| 6 Month Average | 76.309 % | £133,540 | £308,540 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £335,303 | £325,000 | 76 GRAMPIAN WAY |
| 30 Jun 2023 | £346,953 | £340,000 | 74 CRANBROOK DRIVE |
| 27 Feb 2023 | £368,461 | £366,000 | 136 ROSSFOLD ROAD |
| 9 Jan 2023 | £345,924 | £345,000 | 3 GRAMPIAN WAY |
| 20 Jun 2022 | £332,099 | £325,000 | 27 CRANBROOK DRIVE |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 12 Jul 2013. Using an estimated price of £295,017 means this house is valued at £4,758 per sq meter (£442 per sq foot).
The average size of a house on CRANBROOK DRIVE is 86 sq meters (926 sq feet).
This house is the smallest in the street with a floor area of 62 sq meters (667 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Copse Way |
| May 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Copse Way |
| May 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Copse Way |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Copse Way |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Copse Way |