£308,052
This estimated value is based upon the latest sale price for the house of £182,500 on 21 Feb 2013. 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 |
---|---|
£182,500 | 21 Feb 2013 |
Semi-Detached |
Freehold |
Floor Area: 96 sq meters or 1,033 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 February 2013 the House Price Index for LUTON was 88.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 68.796%.Applying this 68.796% change to the original purchase price of £182,500 results in an estimated price of approximately £308,052.
21 Feb 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.0 | 148.6 | 68.796 % | £182,500 | £125,552 | £308,052 |
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 | 80.237 % | £146,432 | £328,932 |
3 Month Average | 72.190 % | £131,746 | £314,246 |
6 Month Average | 89.457 % | £163,258 | £345,758 |
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 96 sq meters or 1,033 sq feet when measured on 19 Nov 2012. Using an estimated price of £308,052 means this house is valued at £3,208 per sq meter (£298 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 |