£908,420
This estimated value is based upon the latest sale price for the house of £580,000 on 18 Oct 2007. This value is then adjusted by the current Official House Price Index for BEDFORDSHIRE 1
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Cromer Way, Luton, LU2 7DB
Phone: 01582955220
| Price Paid | Date |
|---|---|
| £580,000 | 18 Oct 2007 |
| £265,000 | 25 Jul 2002 |
| £132,000 | 29 Jan 1996 |
| Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for BEDFORDSHIRE to estimate the market value.
When this house was purchased in October 2007 the House Price Index for BEDFORDSHIRE was 95.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.624%.Applying this 56.624% change to the original purchase price of £580,000 results in an estimated price of approximately £908,420.
| 18 Oct 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.6 | 149.7 | 56.624 % | £580,000 | £328,420 | £908,420 |
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 | 87.967 % | £510,207 | £1,090,207 |
| 3 Month Average | 70.261 % | £407,514 | £987,514 |
| 6 Month Average | 75.541 % | £438,136 | £1,018,136 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £595,106 | £580,000 | 142 SHARPENHOE ROAD |
| 3 Nov 2023 | £1,200,473 | £1,170,000 | 8 CHURCHILL CLOSE |
| 28 Jun 2023 | £313,788 | £307,500 | 17 CHURCH ROAD |
| 9 Jun 2023 | £474,509 | £465,000 | 12 STANLEY ROAD |
| 24 Feb 2023 | £407,724 | £405,000 | 189 SHARPENHOE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Stanley Road | |
| Jul 2024 | Anti-social behaviour | On or near Bury Lane | |
| Jul 2024 | Anti-social behaviour | On or near Parking Area | |
| Jul 2024 | Anti-social behaviour | On or near Harlington Road |