£188,904
This estimated value is based upon the latest sale price for the house of £187,500 on 28 Apr 2023. 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 |
---|---|
£187,500 | 28 Apr 2023 |
£163,000 | 29 Sep 2016 |
£139,950 | 22 Jun 2007 |
Flats/Maisonettes |
Leasehold |
Floor Area: 51 sq meters or 558 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 2023 the House Price Index for LUTON was 146.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.749%.Applying this 0.749% change to the original purchase price of £187,500 results in an estimated price of approximately £188,904.
28 Apr 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.9 | 148.0 | 0.749 % | £187,500 | £1,404 | £188,904 |
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 | 41.322 % | £77,478 | £264,978 |
3 Month Average | -7.876 % | £-14,767 | £172,732 |
6 Month Average | 4.003 % | £7,505 | £195,005 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Jul 2023 | £275,102 | £272,500 | 3 WHITEFIELD AVENUE |
28 Jun 2023 | £373,025 | £370,000 | 46 ANDOVER CLOSE |
28 Apr 2023 | £188,904 | £187,500 | 76 ORCHID CLOSE |
19 Apr 2023 | £186,385 | £185,000 | 72 ORCHID CLOSE |
8 Mar 2023 | £178,967 | £178,000 | 3 ORCHID CLOSE |
This house has a floor area of 51 sq meters or 558 sq feet when measured on 22 Jul 2009. Using an estimated price of £188,904 means this house is valued at £3,641 per sq meter (£338 per sq foot).
The average size of a house on ORCHID CLOSE is 54 sq meters (588 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orchid Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Orchid Close |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Orchid Close |
Jan 2024 | Anti-social behaviour | On or near Orchid Close | |
Jan 2024 | Anti-social behaviour | On or near Orchid Close |