package octave 4.0.0-3ubuntu9.2 failed to install/upgrade: subprocess installed post-installation script returned error exit status 1

[Brandon Manning]

When installing the latest update I ran into this error. I did not look into more yet but figured I would report it and look into it more to see if there is an already existing solution

ProblemType: Package
DistroRelease: Ubuntu 16.04
Package: octave 4.0.0-3ubuntu9.2
ProcVersionSignature: Ubuntu 4.15.0-29.31~16.04.1-generic 4.15.18
Uname: Linux 4.15.0-29-generic x86_64
ApportVersion: 2.20.1-0ubuntu2.18
Architecture: amd64
Date: Wed Aug 1 20:25:54 2018
DuplicateSignature:
 package:octave:4.0.0-3ubuntu9.2
 Setting up octave (4.0.0-3ubuntu9.2) ...
 error: couldn't read directory /usr/local/share/octave/packages: No such file or directory
 dpkg: error processing package octave (--configure):
  subprocess installed post-installation script returned error exit status 1
ErrorMessage: subprocess installed post-installation script returned error exit status 1
InstallationDate: Installed on 2017-12-08 (242 days ago)
InstallationMedia: Ubuntu 16.04.3 LTS "Xenial Xerus" - Release amd64 (20170801)
RelatedPackageVersions:
 dpkg 1.18.4ubuntu1.4
 apt 1.2.27
SourcePackage: octave
Title: package octave 4.0.0-3ubuntu9.2 failed to install/upgrade: subprocess installed post-installation script returned error exit status 1
UpgradeStatus: No upgrade log present (probably fresh install)

[Mike Miller (mtmiller)]

Please see https://bugs.launchpad.net/bugs/1687404.

You have a self-compiled copy of Octave in /usr/local that is interfering with the normal package upgrade procedure. Please remove that and try continuing the update.