£317,638
This estimated value is based upon the latest sale price for the house of £195,500 on 15 Nov 2013. This value is then adjusted by the current Official House Price Index for LUTON 1
There has been one burglary within the last year on or near Wellfield Avenue
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Leagrave Train Station, 9 Compton Avenue, Luton, LU4 9AX
Phone: 01582936711
Price Paid | Date |
---|---|
£195,500 | 15 Nov 2013 |
£59,500 | 13 Mar 1997 |
Terraced |
Freehold |
Floor Area: 102 sq meters or 1,101 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 November 2013 the House Price Index for LUTON was 91.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 62.475%.Applying this 62.475% change to the original purchase price of £195,500 results in an estimated price of approximately £317,638.
15 Nov 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
91.5 | 148.6 | 62.475 % | £195,500 | £122,138 | £317,638 |
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 | 79.171 % | £154,779 | £350,279 |
3 Month Average | 72.221 % | £141,192 | £336,692 |
6 Month Average | 79.367 % | £155,162 | £350,662 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £350,184 | £345,000 | 400 SUNDON PARK ROAD |
15 Aug 2023 | £309,709 | £307,000 | 13 FIRBANK CLOSE |
30 Jun 2022 | £309,372 | £305,000 | 28 WELLFIELD AVENUE |
20 Jun 2022 | £377,840 | £372,500 | 348 SUNDON PARK ROAD |
4 Apr 2022 | £288,344 | £280,000 | 190 GRAMPIAN WAY |
This house has a floor area of 102 sq meters or 1,101 sq feet when measured on 16 Apr 2010. Using an estimated price of £317,639 means this house is valued at £3,104 per sq meter (£288 per sq foot).
The average size of a house on SUNDON PARK ROAD is 90 sq meters (969 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Drugs | Under investigation | On or near Wellfield Avenue |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Wellfield Avenue |
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Wellfield 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 |