£350,592
This estimated value is based upon the latest sale price for the house of £207,500 on 5 Apr 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 |
|---|---|
| £207,500 | 5 Apr 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 2013 the House Price Index for LUTON was 88.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.960%.Applying this 68.960% change to the original purchase price of £207,500 results in an estimated price of approximately £350,592.
| 5 Apr 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 149.7 | 68.960 % | £207,500 | £143,092 | £350,592 |
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 | 191.105 % | £396,542 | £604,042 |
| 3 Month Average | 84.984 % | £176,340 | £383,840 |
| 6 Month Average | 80.226 % | £166,469 | £373,969 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jul 2024 | £377,000 | £377,000 | 3 LILAC GROVE |
| 27 Oct 2023 | £317,204 | £310,000 | 6 OAKWOOD DRIVE |
| 15 Aug 2023 | £312,639 | £307,000 | 13 FIRBANK CLOSE |
| 14 Feb 2023 | £248,862 | £247,200 | 12 CHESTNUT AVENUE |
| 5 Aug 2022 | £321,503 | £320,000 | 24 CHESTNUT AVENUE |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 11 Jun 2012. Using an estimated price of £350,593 means this house is valued at £3,371 per sq meter (£313 per sq foot).
The average size of a house on CHESTNUT AVENUE is 107 sq meters (1,156 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Firbank Close |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Firbank Close |
| Jul 2024 | Drugs | Local resolution | On or near Firbank Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Sycamore Close |
| Sep 2024 | Anti-social behaviour | On or near Oakwood Drive |