£307,021
This estimated value is based upon the latest sale price for the house of £245,000 on 26 Jun 2018. 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 |
|---|---|
| £245,000 | 26 Jun 2018 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 June 2018 the House Price Index for LUTON was 119.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.315%.Applying this 25.315% change to the original purchase price of £245,000 results in an estimated price of approximately £307,021.
| 26 Jun 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 149.7 | 25.315 % | £245,000 | £62,021 | £307,021 |
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 | 15.418 % | £37,773 | £282,773 |
| 3 Month Average | 20.170 % | £49,416 | £294,416 |
| 6 Month Average | 22.720 % | £55,664 | £300,664 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jun 2023 | £255,112 | £250,000 | 9 OAKLEY CLOSE |
| 17 Mar 2023 | £274,586 | £270,000 | 59 COMPTON AVENUE |
| 28 Feb 2023 | £442,959 | £440,000 | 5 SCHOOL LANE |
| 30 Jan 2023 | £283,257 | £282,500 | 323 BEECHWOOD ROAD |
| 11 Aug 2022 | £341,597 | £340,000 | 362 BEECHWOOD ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 5 Dec 2016. Using an estimated price of £307,022 means this house is valued at £4,324 per sq meter (£401 per sq foot).
The average size of a house on BEECHWOOD ROAD is 85 sq meters (925 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Under investigation | On or near School Lane |
| Aug 2024 | Anti-social behaviour | On or near School Lane | |
| Aug 2024 | Anti-social behaviour | On or near School Lane | |
| Aug 2024 | Anti-social behaviour | On or near School Lane | |
| Aug 2024 | Anti-social behaviour | On or near School Lane |