£372,956
This estimated value is based upon the latest sale price for the house of £220,000 on 29 Aug 2008. 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 |
---|---|
£220,000 | 29 Aug 2008 |
Detached |
Freehold |
Floor Area: 173 sq meters or 1,862 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 2008 the House Price Index for LUTON was 88.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 69.526%.Applying this 69.526% change to the original purchase price of £220,000 results in an estimated price of approximately £372,956.
29 Aug 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.3 | 149.7 | 69.526 % | £220,000 | £152,956 | £372,956 |
The Postcode Pricing Model uses changes in average sales price within the LU4 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 | 66.298 % | £145,855 | £365,855 |
3 Month Average | 79.601 % | £175,121 | £395,121 |
6 Month Average | 79.649 % | £175,227 | £395,227 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Sep 2024 | £355,000 | £355,000 | 2 CHATTERIS CLOSE |
3 Nov 2023 | £225,730 | £220,000 | 1 HIGH STREET |
1 Apr 2022 | £378,659 | £365,000 | 10 TORQUAY DRIVE |
30 Mar 2022 | £375,816 | £360,000 | 50 HIGH STREET |
28 Jan 2022 | £477,089 | £450,000 | 24 LINACRES |
This house has a floor area of 173 sq meters or 1,862 sq feet when measured on 21 Apr 2012. Using an estimated price of £372,956 means this house is valued at £2,155 per sq meter (£200 per sq foot).
The average size of a house on HIGH STREET is 94 sq meters (1,013 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Torquay Drive |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Piggotts Lane |
Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Piggotts Lane |
Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Piggotts Lane |
Oct 2024 | Drugs | Under investigation | On or near Chatteris Close |