£272,485
This estimated value is based upon the latest sale price for the house of £55,000 on 27 Oct 1997. 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 |
|---|---|
| £55,000 | 27 Oct 1997 |
| Terraced |
| Freehold |
| Floor Area: 54 sq meters or 581 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 October 1997 the House Price Index for LUTON was 30.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 395.428%.Applying this 395.428% change to the original purchase price of £55,000 results in an estimated price of approximately £272,485.
| 27 Oct 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.0 | 148.6 | 395.428 % | £55,000 | £217,485 | £272,485 |
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 | 376.225 % | £206,923 | £261,923 |
| 3 Month Average | 413.400 % | £227,370 | £282,370 |
| 6 Month Average | 397.011 % | £218,356 | £273,356 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £202,590 | £200,000 | 42 HEDLEY RISE |
| 23 Jun 2023 | £318,862 | £315,000 | 6 LAXTON CLOSE |
| 11 Aug 2022 | £317,146 | £318,000 | 17 LAXTON CLOSE |
| 17 Jun 2022 | £294,157 | £290,000 | 23 HEDLEY RISE |
| 10 Jun 2022 | £347,410 | £342,500 | 39 HEDLEY RISE |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 11 Aug 2021. Using an estimated price of £272,485 means this house is valued at £5,046 per sq meter (£468 per sq foot).
The average size of a house on RADSTONE PLACE is 72 sq meters (781 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Laxton Close | |
| Feb 2024 | Anti-social behaviour | On or near Tanfield Green | |
| Feb 2024 | Anti-social behaviour | On or near Tanfield Green | |
| Feb 2024 | Drugs | Awaiting court outcome | On or near Whittingham Close |
| Mar 2024 | Robbery | Investigation complete; no suspect identified | On or near Heaton Dell |