£311,838
This estimated value is based upon the latest sale price for the house of £267,000 on 27 Nov 2020. 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 |
|---|---|
| £267,000 | 27 Nov 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 November 2020 the House Price Index for LUTON was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £267,000 results in an estimated price of approximately £311,838.
| 27 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £267,000 | £44,838 | £311,838 |
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 | 15.584 % | £41,608 | £308,608 |
| 3 Month Average | 6.098 % | £16,281 | £283,281 |
| 6 Month Average | 9.586 % | £25,594 | £292,594 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £319,828 | £310,000 | 72 KINROSS CRESCENT |
| 24 Nov 2023 | £287,293 | £280,000 | 48 KINROSS CRESCENT |
| 17 Aug 2023 | £402,255 | £395,000 | 56 KINROSS CRESCENT |
| 30 Jun 2023 | £346,953 | £340,000 | 74 CRANBROOK DRIVE |
| 2 Mar 2023 | £371,199 | £365,000 | 80 GRAMPIAN WAY |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 29 Jun 2020. Using an estimated price of £311,839 means this house is valued at £3,802 per sq meter (£353 per sq foot).
The average size of a house on CRANBROOK DRIVE is 86 sq meters (926 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Grampian Way |
| May 2024 | Vehicle crime | Under investigation | On or near Grampian Way |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Copse Way |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Copse Way |
| May 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Copse Way |