£558,914
This estimated value is based upon the latest sale price for the house of £300,000 on 18 May 2005. 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 |
|---|---|
| £300,000 | 18 May 2005 |
| £79,000 | 22 Nov 1996 |
| Detached |
| Freehold |
| Floor Area: 130 sq meters or 1,409 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 2005 the House Price Index for LUTON was 80.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 86.305%.Applying this 86.305% change to the original purchase price of £300,000 results in an estimated price of approximately £558,914.
| 18 May 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 149.7 | 86.305 % | £300,000 | £258,914 | £558,914 |
The Postcode Pricing Model uses changes in average sales price within the LU4 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 | 83.442 % | £250,326 | £550,326 |
| 3 Month Average | 114.855 % | £344,565 | £644,565 |
| 6 Month Average | 113.947 % | £341,840 | £641,840 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jul 2024 | £400,000 | £400,000 | 2 NEEDHAM ROAD |
| 27 Jun 2024 | £310,000 | £310,000 | 7 NEEDHAM ROAD |
| 7 Jun 2024 | £330,000 | £330,000 | 211 TODDINGTON ROAD |
| 7 Nov 2023 | £123,125 | £120,000 | 16 AUBREY GARDENS |
| 21 Aug 2023 | £263,757 | £259,000 | 41 ANSTEE ROAD |
This house has a floor area of 130 sq meters or 1,409 sq feet when measured on 25 Feb 2010. Using an estimated price of £558,914 means this house is valued at £4,269 per sq meter (£396 per sq foot).
The average size of a house on NEEDHAM ROAD is 156 sq meters (1,683 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Lidgate Close |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lidgate Close |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lidgate Close |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lidgate Close |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hasketon Drive |