£307,641
This estimated value is based upon the latest sale price for the house of £250,000 on 23 Aug 2019. 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 |
|---|---|
| £250,000 | 23 Aug 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 2019 the House Price Index for LUTON was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £250,000 results in an estimated price of approximately £307,641.
| 23 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.6 | 23.056 % | £250,000 | £57,641 | £307,641 |
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 | 16.596 % | £41,489 | £291,489 |
| 3 Month Average | 20.008 % | £50,019 | £300,019 |
| 6 Month Average | 28.747 % | £71,868 | £321,868 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Mar 2023 | £302,853 | £300,000 | 21 FAIRFAX 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 |
| 26 Aug 2022 | £214,423 | £215,000 | 108 EIGHTH AVENUE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 23 Feb 2019. Using an estimated price of £307,641 means this house is valued at £3,619 per sq meter (£336 per sq foot).
The average size of a house on FLORENCE AVENUE is 87 sq meters (942 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Hillary Close |
| Mar 2024 | Other crime | Under investigation | On or near Hillary Close |
| Feb 2024 | Drugs | Awaiting court outcome | On or near Hillary Close |
| Feb 2024 | Drugs | Awaiting court outcome | On or near Hillary Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hillary Close |