£264,899
This estimated value is based upon the latest sale price for the house of £74,500 on 2 Feb 2001. 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 |
|---|---|
| £74,500 | 2 Feb 2001 |
| 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 February 2001 the House Price Index for LUTON was 42.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 255.570%.Applying this 255.570% change to the original purchase price of £74,500 results in an estimated price of approximately £264,899.
| 2 Feb 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.1 | 149.7 | 255.570 % | £74,500 | £190,399 | £264,899 |
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 | 246.949 % | £183,977 | £258,477 |
| 3 Month Average | 306.094 % | £228,039 | £302,539 |
| 6 Month Average | 311.646 % | £232,176 | £306,676 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £564,325 | £550,000 | 13 GRANGE AVENUE |
| 17 Mar 2023 | £274,586 | £270,000 | 59 COMPTON AVENUE |
| 3 Mar 2023 | £630,530 | £620,000 | 45 GRANGE AVENUE |
| 28 Feb 2023 | £442,959 | £440,000 | 5 SCHOOL LANE |
| 30 Jan 2023 | £283,257 | £282,500 | 323 BEECHWOOD ROAD |
| 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 |