£166,310
This estimated value is based upon the latest sale price for the house of £161,200 on 8 Dec 2023. 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 |
---|---|
£161,200 | 8 Dec 2023 |
Terraced |
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 2023 the House Price Index for LUTON was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £161,200 results in an estimated price of approximately £166,310.
8 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.1 | 149.7 | 3.170 % | £161,200 | £5,110 | £166,310 |
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 | -10.219 % | £-16,473 | £144,726 |
3 Month Average | 7.446 % | £12,003 | £173,203 |
6 Month Average | 4.743 % | £7,644 | £168,844 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £166,310 | £161,200 | 22 TYTHE ROAD |
4 Oct 2023 | £298,786 | £292,000 | 19 BROOKLANDS CLOSE |
31 Jan 2023 | £318,351 | £317,500 | 23 BROOKLANDS CLOSE |
23 Jan 2023 | £318,351 | £317,500 | 7 MONTAGUE AVENUE |
14 Nov 2022 | £360,813 | £362,500 | 37A BROOKLANDS CLOSE |
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Criminal damage and arson | Awaiting court outcome | On or near Tythe Road |
May 2024 | Criminal damage and arson | Awaiting court outcome | On or near Tythe Road |
May 2024 | Criminal damage and arson | Awaiting court outcome | On or near Chaworth Green |
May 2024 | Criminal damage and arson | Awaiting court outcome | On or near Chaworth Green |
May 2024 | Violence and sexual offences | Awaiting court outcome | On or near Chaworth Green |