£18,420,842
This estimated value is based upon the latest sale price for the house of £15,055,981 on 17 Feb 2020. This value is then adjusted by the current Official House Price Index for CENTRAL BEDFORDSHIRE 1
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Leagrave Train Station, 9 Compton Avenue, Luton, LU4 9AX
Phone: 01582936711
| Price Paid | Date |
|---|---|
| £15,055,981 | 17 Feb 2020 |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for CENTRAL BEDFORDSHIRE to estimate the market value.
When this house was purchased in February 2020 the House Price Index for CENTRAL BEDFORDSHIRE was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £15,055,981 results in an estimated price of approximately £18,420,842.
| 17 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.349 % | £15,055,981 | £3,364,861 | £18,420,842 |
The Postcode Pricing Model uses changes in average sales price within the LU4 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 | 11.908 % | £1,792,893 | £16,848,874 |
| 3 Month Average | 18.858 % | £2,839,299 | £17,895,280 |
| 6 Month Average | 30.500 % | £4,592,110 | £19,648,091 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £369,727 | £365,000 | 10A GLEMSFORD CLOSE |
| 31 Jan 2023 | £388,171 | £390,000 | 9 BELLERBY RISE |
| 10 Nov 2022 | £385,332 | £390,000 | 10 GLEMSFORD CLOSE |
| 30 Jun 2022 | £206,924 | £204,000 | UNIT 21 PROGRESS PARK RIBOCON WAY |
| 26 May 2022 | £203,841 | £200,000 | UNIT 4 EAGLE CENTRE WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Progress Way |
| Feb 2024 | Drugs | Under investigation | On or near Progress Way |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Progress Way |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Progress Way |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Progress Way |