£339,427
This estimated value is based upon the latest sale price for the house of £270,000 on 1 Dec 2017. 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 |
---|---|
£270,000 | 1 Dec 2017 |
£158,000 | 3 Sep 2014 |
£135,355 | 30 Jun 2006 |
£138,000 | 19 May 2003 |
£55,000 | 24 Mar 1999 |
Semi-Detached |
Freehold |
Floor Area: 85 sq meters or 914 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 December 2017 the House Price Index for LUTON was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £270,000 results in an estimated price of approximately £339,427.
1 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.2 | 148.6 | 25.714 % | £270,000 | £69,427 | £339,427 |
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 | 36.202 % | £97,744 | £367,744 |
3 Month Average | 12.078 % | £32,609 | £302,609 |
6 Month Average | 32.739 % | £88,394 | £358,394 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Sep 2023 | £374,792 | £370,000 | 9 HILL RISE |
12 Jun 2023 | £344,169 | £340,000 | 66 HILL RISE |
21 Apr 2023 | £234,525 | £232,000 | 47 THIRD AVENUE |
10 Mar 2023 | £257,425 | £255,000 | 15 THIRD AVENUE |
22 Feb 2023 | £309,792 | £310,000 | 23 HILL RISE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 19 Oct 2017. Using an estimated price of £339,428 means this house is valued at £3,993 per sq meter (£370 per sq foot).
The average size of a house on HILL RISE is 92 sq meters (998 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Third Avenue |
Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Third Avenue |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Third Avenue |
Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Third Avenue |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fourth Avenue |