£513,009
This estimated value is based upon the latest sale price for the house of £325,000 on 19 Feb 2008. This value is then adjusted by the current Official House Price Index for LUTON 1
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Cromer Way, Luton, LU2 7DB
Phone: 01582955220
| Price Paid | Date |
|---|---|
| £325,000 | 19 Feb 2008 |
| Detached |
| Freehold |
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 2008 the House Price Index for LUTON was 94.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 57.849%.Applying this 57.849% change to the original purchase price of £325,000 results in an estimated price of approximately £513,009.
| 19 Feb 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.8 | 149.7 | 57.849 % | £325,000 | £188,009 | £513,009 |
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 | 86.265 % | £280,361 | £605,361 |
| 3 Month Average | 73.152 % | £237,744 | £562,744 |
| 6 Month Average | 74.511 % | £242,161 | £567,161 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Sep 2023 | £347,664 | £340,000 | 15 CICERO DRIVE |
| 1 Sep 2023 | £485,707 | £475,000 | 6 BARLEYVALE |
| 30 Jun 2023 | £445,937 | £437,000 | 25 FERNHEATH |
| 18 Apr 2023 | £392,338 | £385,000 | 9 BARLEYVALE |
| 17 Mar 2023 | £533,916 | £525,000 | 3 RYEFIELD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ryefield |
| Jul 2024 | Anti-social behaviour | On or near Barleyvale | |
| Jun 2024 | Anti-social behaviour | On or near Barleyvale | |
| Jun 2024 | Anti-social behaviour | On or near Barleyvale | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Arbour Close |