£205,140
This estimated value is based upon the latest sale price for the house of £85,000 on 11 Apr 2003. 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 |
---|---|
£85,000 | 11 Apr 2003 |
£35,000 | 23 Nov 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 44 sq meters or 473 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 April 2003 the House Price Index for LUTON was 62.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 141.341%.Applying this 141.341% change to the original purchase price of £85,000 results in an estimated price of approximately £205,140.
11 Apr 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
62.0 | 149.7 | 141.341 % | £85,000 | £120,140 | £205,140 |
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 | 120.771 % | £102,655 | £187,655 |
3 Month Average | 163.790 % | £139,221 | £224,221 |
6 Month Average | 160.749 % | £136,636 | £221,636 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Sep 2024 | £355,000 | £355,000 | 2 CHATTERIS CLOSE |
3 Nov 2023 | £225,730 | £220,000 | 1 HIGH STREET |
1 Apr 2022 | £378,659 | £365,000 | 10 TORQUAY DRIVE |
30 Mar 2022 | £375,816 | £360,000 | 50 HIGH STREET |
28 Jan 2022 | £477,089 | £450,000 | 24 LINACRES |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 8 Jan 2015. Using an estimated price of £205,140 means this house is valued at £4,662 per sq meter (£433 per sq foot).
The average size of a house on HIGH STREET is 94 sq meters (1,013 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Torquay Drive |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Piggotts Lane |
Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Piggotts Lane |
Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Piggotts Lane |
Oct 2024 | Drugs | Under investigation | On or near Chatteris Close |