£293,711
This estimated value is based upon the latest sale price for the house of £237,500 on 3 Apr 2019. 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 |
|---|---|
| £237,500 | 3 Apr 2019 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 2019 the House Price Index for LUTON was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.668%.Applying this 23.668% change to the original purchase price of £237,500 results in an estimated price of approximately £293,711.
| 3 Apr 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.668 % | £237,500 | £56,211 | £293,711 |
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 | 49.228 % | £116,916 | £354,416 |
| 3 Month Average | 13.419 % | £31,870 | £269,370 |
| 6 Month Average | 27.629 % | £65,619 | £303,119 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2023 | £505,484 | £498,000 | 53 EIGHTH AVENUE |
| 4 Sep 2023 | £374,792 | £370,000 | 9 HILL RISE |
| 25 Feb 2022 | £272,661 | £260,000 | 114 FOURTH AVENUE |
| 28 Jan 2022 | £252,578 | £240,000 | 48 EIGHTH AVENUE |
| 20 Dec 2021 | £257,131 | £240,000 | 64 EIGHTH AVENUE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 29 Oct 2018. Using an estimated price of £293,711 means this house is valued at £3,626 per sq meter (£336 per sq foot).
The average size of a house on HILL RISE is 92 sq meters (998 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Kendal Close |
| Feb 2024 | Anti-social behaviour | On or near Eighth Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Eighth Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Eighth Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Eighth Avenue |