£276,256
This estimated value is based upon the latest sale price for the house of £277,000 on 3 Aug 2022. 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 Fairfax Avenue
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Leagrave Train Station, 9 Compton Avenue, Luton, LU4 9AX
Phone: 01582936711
| Price Paid | Date |
|---|---|
| £277,000 | 3 Aug 2022 |
| £230,000 | 25 Jan 2017 |
| £135,000 | 16 Jun 2006 |
| £118,000 | 15 Nov 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 68 sq meters or 731 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 August 2022 the House Price Index for LUTON was 149.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.268%.Applying this -0.268% change to the original purchase price of £277,000 results in an estimated price of approximately £276,256.
| 3 Aug 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 148.6 | -0.268 % | £277,000 | £-743 | £276,256 |
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 | -12.333 % | £-34,162 | £242,837 |
| 3 Month Average | -7.197 % | £-19,935 | £257,064 |
| 6 Month Average | 7.384 % | £20,453 | £297,453 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Mar 2023 | £302,853 | £300,000 | 21 FAIRFAX AVENUE |
| 30 Jan 2023 | £293,617 | £295,000 | 120 FOURTH AVENUE |
| 21 Nov 2022 | £96,827 | £98,000 | 1 - 3 FAIRFAX AVENUE |
| 14 Oct 2022 | £286,911 | £290,000 | 36 FAIRFAX AVENUE |
| 31 Aug 2022 | £324,128 | £325,000 | 4 HIGH BEECH ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 20 Sep 2016. Using an estimated price of £276,256 means this house is valued at £4,062 per sq meter (£377 per sq foot).
The average size of a house on FAIRFAX AVENUE is 74 sq meters (801 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Fairfax Avenue |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairfax Avenue |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near High Beech Road |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near High Beech Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fourth Avenue |