£345,876
This estimated value is based upon the latest sale price for the house of £225,000 on 17 Apr 2014. This value is then adjusted by the current Official House Price Index for LUTON 1
There has been one burglary within the last year on or near Fairfax Avenue
More crime details
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Leagrave Train Station, 9 Compton Avenue, Luton, LU4 9AX
Phone: 01582936711
Price Paid | Date |
---|---|
£225,000 | 17 Apr 2014 |
Detached |
Freehold |
Floor Area: 70 sq meters or 756 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 April 2014 the House Price Index for LUTON was 95.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 53.723%.Applying this 53.723% change to the original purchase price of £225,000 results in an estimated price of approximately £345,876.
17 Apr 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.4 | 146.7 | 53.723 % | £225,000 | £120,876 | £345,876 |
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 | 74.917 % | £168,562 | £393,562 |
3 Month Average | 75.042 % | £168,844 | £393,844 |
6 Month Average | 87.705 % | £197,336 | £422,336 |
This house has a floor area of 70 sq meters or 756 sq feet when measured on 31 Jan 2011.
The average size of a house on FLORENCE AVENUE is 87 sq meters (942 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Fairfax Avenue |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairfax Avenue |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near High Beech Road |
Feb 2024 | Criminal damage and arson | Under investigation | On or near High Beech Road |
Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Sutton Gardens |