£393,086
This estimated value is based upon the latest sale price for the house of £320,000 on 3 Jul 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 |
|---|---|
| £320,000 | 3 Jul 2019 |
| Terraced |
| Freehold |
| Floor Area: 139 sq meters or 1,496 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 July 2019 the House Price Index for LUTON was 120.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.839%.Applying this 22.839% change to the original purchase price of £320,000 results in an estimated price of approximately £393,086.
| 3 Jul 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.0 | 22.839 % | £320,000 | £73,086 | £393,086 |
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 | 23.314 % | £74,603 | £394,603 |
| 3 Month Average | 17.745 % | £56,783 | £376,783 |
| 6 Month Average | 30.003 % | £96,011 | £416,011 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Nov 2023 | £121,561 | £120,000 | 16 AUBREY GARDENS |
| 31 Mar 2023 | £402,174 | £400,000 | 8 SUDBURY ROAD |
| 10 Nov 2022 | £383,777 | £390,000 | 10 GLEMSFORD CLOSE |
| 1 Jun 2022 | £282,867 | £280,000 | 8 HASKETON DRIVE |
| 24 May 2022 | £315,693 | £311,000 | 9 SUDBURY ROAD |
This house has a floor area of 139 sq meters or 1,496 sq feet when measured on 27 Jun 2016. Using an estimated price of £393,086 means this house is valued at £2,827 per sq meter (£262 per sq foot).
The average size of a house on GLEMSFORD CLOSE is 134 sq meters (1,449 sq feet).
This house is the largest in the street with a floor area of 139 sq meters (1,496 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Glemsford Close | |
| Apr 2024 | Other theft | Under investigation | On or near Glemsford Close |
| Jan 2024 | Other crime | Unable to prosecute suspect | On or near Glemsford Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Lidgate Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Redmire Close |