£303,603
This estimated value is based upon the latest sale price for the house of £165,000 on 26 Jun 2009. 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 |
---|---|
£165,000 | 26 Jun 2009 |
£60,000 | 25 Aug 1995 |
Semi-Detached |
Freehold |
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 June 2009 the House Price Index for LUTON was 80.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.002%.Applying this 84.002% change to the original purchase price of £165,000 results in an estimated price of approximately £303,603.
26 Jun 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.8 | 148.6 | 84.002 % | £165,000 | £138,603 | £303,603 |
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 | 84.992 % | £140,236 | £305,236 |
3 Month Average | 91.883 % | £151,606 | £316,606 |
6 Month Average | 108.434 % | £178,916 | £343,916 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Sep 2023 | £395,051 | £390,000 | 62 MENDIP WAY |
10 Aug 2023 | £282,471 | £280,000 | 7 LIME TREE CLOSE |
26 Aug 2022 | £367,012 | £368,000 | 115 MENDIP WAY |
30 Jun 2022 | £289,085 | £285,000 | 6 LIME TREE CLOSE |
18 May 2022 | £338,885 | £332,500 | 176 GRAMPIAN WAY |
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Epping Way |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chestnut Avenue |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Oakwood Drive |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oakwood Drive |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Redwood Drive |