£196,104
This estimated value is based upon the latest sale price for the house of £129,500 on 27 Aug 2014. This value is then adjusted by the current Official House Price Index for LUTON 1
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19 Corncrake Close, Luton, LU2 8EL
Phone: 01582955817
| Price Paid | Date |
|---|---|
| £129,500 | 27 Aug 2014 |
| £99,995 | 26 Mar 2004 |
| £69,000 | 28 Sep 2001 |
| £50,000 | 1 Oct 1999 |
| Terraced |
| Freehold |
| Floor Area: 40 sq meters or 430 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 2014 the House Price Index for LUTON was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £129,500 results in an estimated price of approximately £196,104.
| 27 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.6 | 51.432 % | £129,500 | £66,604 | £196,104 |
The Postcode Pricing Model uses changes in average sales price within the LU2 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 | 55.628 % | £72,038 | £201,538 |
| 3 Month Average | 67.141 % | £86,947 | £216,447 |
| 6 Month Average | 63.677 % | £82,461 | £211,961 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £220,768 | £217,500 | 17 LESBURY CLOSE |
| 3 Nov 2023 | £290,298 | £286,000 | 26 COLWELL RISE |
| 30 Jun 2023 | £283,433 | £280,000 | 3 TANFIELD GREEN |
| 3 Feb 2023 | £216,854 | £217,000 | 16 LESBURY CLOSE |
| 25 Nov 2022 | £355,692 | £360,000 | 11 WELDON CLOSE |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 3 Apr 2018. Using an estimated price of £196,104 means this house is valued at £4,902 per sq meter (£455 per sq foot).
The average size of a house on COLWELL RISE is 83 sq meters (899 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Tanfield Green | |
| Feb 2024 | Anti-social behaviour | On or near Tanfield Green | |
| Mar 2024 | Robbery | Investigation complete; no suspect identified | On or near Heaton Dell |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beanley Close |
| Feb 2024 | Drugs | Under investigation | On or near Belsham Place |