£339,324
This estimated value is based upon the latest sale price for the house of £166,000 on 23 Apr 2004. 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 |
---|---|
£166,000 | 23 Apr 2004 |
£89,000 | 7 Nov 2000 |
Terraced |
Freehold |
Floor Area: 79 sq meters or 850 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 2004 the House Price Index for LUTON was 72.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 104.412%.Applying this 104.412% change to the original purchase price of £166,000 results in an estimated price of approximately £339,324.
23 Apr 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
72.7 | 148.6 | 104.412 % | £166,000 | £173,324 | £339,324 |
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 | 107.585 % | £178,590 | £344,590 |
3 Month Average | 106.414 % | £176,647 | £342,647 |
6 Month Average | 130.565 % | £216,738 | £382,738 |
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 |
21 Apr 2023 | £257,776 | £255,000 | 144 GRAMPIAN WAY |
6 Feb 2023 | £369,751 | £370,000 | 78 MENDIP WAY |
26 Aug 2022 | £367,012 | £368,000 | 115 MENDIP WAY |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 12 Jun 2017. Using an estimated price of £339,324 means this house is valued at £4,295 per sq meter (£399 per sq foot).
The average size of a house on MENDIP WAY is 101 sq meters (1,091 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Epping Way |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Arbroath Road |
Feb 2024 | Anti-social behaviour | On or near Kinross Crescent | |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Kinross Crescent |
Feb 2024 | Anti-social behaviour | On or near Kinross Crescent |