£67,063
This estimated value is based upon the latest sale price for the house of £50,000 on 19 Aug 2016. 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 |
---|---|
£50,000 | 19 Aug 2016 |
Freehold |
Floor Area: 114 sq meters or 1,227 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 August 2016 the House Price Index for LUTON was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £50,000 results in an estimated price of approximately £67,063.
19 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 149.7 | 34.126 % | £50,000 | £17,063 | £67,063 |
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 | 21.036 % | £10,517 | £60,517 |
3 Month Average | 37.462 % | £18,731 | £68,731 |
6 Month Average | 40.327 % | £20,163 | £70,163 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Jul 2024 | £515,000 | £515,000 | 14 CAPRON ROAD |
22 Sep 2023 | £178,178 | £174,250 | 3 TWIGDEN COURT MOUNT PLEASANT ROAD |
25 Oct 2022 | £197,341 | £198,000 | 31 TWIGDEN COURT MOUNT PLEASANT ROAD |
18 Aug 2022 | £326,527 | £325,000 | 44 FILMER ROAD |
5 Aug 2022 | £175,822 | £175,000 | 24 TWIGDEN COURT MOUNT PLEASANT ROAD |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 1 Aug 2016. Using an estimated price of £67,063 means this house is valued at £588 per sq meter (£54 per sq foot).
The average size of a house on CAPRON ROAD is 124 sq meters (1,335 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
Oct 2024 | Other theft | On or near Leagrave (Station) | |
Oct 2024 | Other theft | On or near Leagrave (Station) | |
Oct 2024 | Public order | On or near Leagrave (Station) | |
Oct 2024 | Violence and sexual offences | On or near Leagrave (Station) |