£256,614
This estimated value is based upon the latest sale price for the house of £233,000 on 19 Aug 2021. 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 |
|---|---|
| £233,000 | 19 Aug 2021 |
| £126,000 | 24 Jul 2003 |
| Freehold |
| Floor Area: 48 sq meters or 516 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 2021 the House Price Index for LUTON was 133.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 10.135%.Applying this 10.135% change to the original purchase price of £233,000 results in an estimated price of approximately £256,614.
| 19 Aug 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 146.7 | 10.135 % | £233,000 | £23,614 | £256,614 |
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 | 25.782 % | £60,072 | £293,072 |
| 3 Month Average | 3.491 % | £8,135 | £241,135 |
| 6 Month Average | 14.593 % | £34,000 | £267,000 |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 3 Aug 2021.
The average size of a house on PARK AVENUE is 106 sq meters (1,140 sq feet).
This house is the smallest in the street with a floor area of 48 sq meters (516 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Avenue |
| Dec 2023 | Shoplifting | Investigation complete; no suspect identified | On or near Park Avenue |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Dec 2023 | Anti-social behaviour | On or near Supermarket | |
| Dec 2023 | Anti-social behaviour | On or near Supermarket |