£375,767
This estimated value is based upon the latest sale price for the house of £325,000 on 4 Dec 2020. 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 |
---|---|
£325,000 | 4 Dec 2020 |
£59,000 | 28 May 1999 |
£35,000 | 29 Apr 1998 |
Semi-Detached |
Freehold |
Floor Area: 97 sq meters or 1,044 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 December 2020 the House Price Index for LUTON was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £325,000 results in an estimated price of approximately £375,767.
4 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 149.7 | 15.621 % | £325,000 | £50,767 | £375,767 |
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 | -9.247 % | £-30,052 | £294,947 |
3 Month Average | -7.984 % | £-25,946 | £299,053 |
6 Month Average | 6.666 % | £21,664 | £346,664 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £323,204 | £315,000 | 104 MORGAN CLOSE |
18 Nov 2022 | £348,371 | £350,000 | 90 MORGAN CLOSE |
30 Sep 2022 | £182,878 | £183,000 | 31 MORGAN CLOSE |
24 Jun 2022 | £435,305 | £426,000 | 82 MORGAN CLOSE |
29 Mar 2022 | £360,157 | £345,000 | 249 BEECHWOOD ROAD |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 13 Feb 2020. Using an estimated price of £375,768 means this house is valued at £3,873 per sq meter (£359 per sq foot).
The average size of a house on BEECHWOOD ROAD is 85 sq meters (925 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Under investigation | On or near Morgan Close |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Morgan Close |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Morgan Close |
Jul 2024 | Anti-social behaviour | On or near Morgan Close | |
Jul 2024 | Anti-social behaviour | On or near Morgan Close |