£329,644
This estimated value is based upon the latest sale price for the house of £265,000 on 15 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 |
|---|---|
| £265,000 | 15 Jun 2018 |
| £52,000 | 23 Jan 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £265,000 results in an estimated price of approximately £329,644.
| 15 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £265,000 | £64,644 | £329,644 |
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 | 55.615 % | £147,378 | £412,378 |
| 3 Month Average | 6.144 % | £16,282 | £281,282 |
| 6 Month Average | 27.924 % | £73,999 | £338,999 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Aug 2023 | £247,162 | £245,000 | 22 TENTH AVENUE |
| 7 Jul 2023 | £395,321 | £390,000 | 10 HILL RISE |
| 12 Jun 2023 | £344,169 | £340,000 | 66 HILL RISE |
| 22 Feb 2023 | £309,792 | £310,000 | 23 HILL RISE |
| 24 Jan 2023 | £268,734 | £270,000 | 17 FOURTH AVENUE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 12 Dec 2017. Using an estimated price of £329,645 means this house is valued at £4,120 per sq meter (£382 per sq foot).
The average size of a house on DOWNLANDS is 112 sq meters (1,205 sq feet).
This house is the smallest in the street with a floor area of 80 sq meters (861 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Tenth Avenue | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tenth Avenue |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Tenth Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tenth Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tenth Avenue |