£267,574
This estimated value is based upon the latest sale price for the house of £215,000 on 29 Mar 2019. 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 |
|---|---|
| £215,000 | 29 Mar 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 69 sq meters or 742 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 March 2019 the House Price Index for LUTON was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.453%.Applying this 24.453% change to the original purchase price of £215,000 results in an estimated price of approximately £267,574.
| 29 Mar 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.453 % | £215,000 | £52,574 | £267,574 |
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 | 82.962 % | £178,367 | £393,367 |
| 3 Month Average | 20.170 % | £43,364 | £258,364 |
| 6 Month Average | 20.005 % | £43,009 | £258,009 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2024 | £372,500 | £372,500 | 6 WELLFIELD AVENUE |
| 27 Oct 2023 | £317,204 | £310,000 | 6 OAKWOOD DRIVE |
| 15 Aug 2023 | £312,639 | £307,000 | 13 FIRBANK CLOSE |
| 30 Jun 2022 | £311,662 | £305,000 | 28 WELLFIELD AVENUE |
| 20 Jun 2022 | £380,637 | £372,500 | 348 SUNDON PARK ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 4 Oct 2018. Using an estimated price of £267,575 means this house is valued at £3,877 per sq meter (£360 per sq foot).
The average size of a house on WELLFIELD AVENUE is 75 sq meters (815 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Oakwood Drive | |
| Sep 2024 | Anti-social behaviour | On or near Oakwood Drive | |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wellfield Avenue |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Firbank Close |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Firbank Close |