£88,834
This estimated value is based upon the latest sale price for the house of £53,000 on 5 Oct 2012. 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 |
---|---|
£53,000 | 5 Oct 2012 |
£55,000 | 30 Jan 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 24 sq meters or 258 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 October 2012 the House Price Index for LUTON was 87.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 67.612%.Applying this 67.612% change to the original purchase price of £53,000 results in an estimated price of approximately £88,834.
5 Oct 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.5 | 146.7 | 67.612 % | £53,000 | £35,834 | £88,834 |
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 | 78.157 % | £41,423 | £94,423 |
3 Month Average | 71.185 % | £37,728 | £90,728 |
6 Month Average | 98.826 % | £52,377 | £105,377 |
This house has a floor area of 24 sq meters or 258 sq feet when measured on 30 Apr 2014.
The average size of a house on VINCENT ROAD is 58 sq meters (625 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near The Hedgerow |
Mar 2024 | Criminal damage and arson | Under investigation | On or near The Hedgerow |
Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near The Hedgerow |
Feb 2024 | Public order | Under investigation | On or near The Hedgerow |
Feb 2024 | Public order | Under investigation | On or near The Hedgerow |