£793,577
This estimated value is based upon the latest sale price for the house of £445,000 on 11 Sep 2009. 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 |
---|---|
£445,000 | 11 Sep 2009 |
£365,000 | 11 Jan 2006 |
Detached |
Freehold |
Floor Area: 214 sq meters or 2,311 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 September 2009 the House Price Index for LUTON was 83.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 78.332%.Applying this 78.332% change to the original purchase price of £445,000 results in an estimated price of approximately £793,577.
11 Sep 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
83.3 | 148.6 | 78.332 % | £445,000 | £348,577 | £793,577 |
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 | 127.214 % | £566,102 | £1,011,102 |
3 Month Average | 80.127 % | £356,566 | £801,566 |
6 Month Average | 108.353 % | £482,172 | £927,172 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Jun 2022 | £674,532 | £665,000 | 15 MILBURN CLOSE |
1 Jun 2022 | £583,242 | £575,000 | 32 GATEHILL GARDENS |
25 Jun 2021 | £469,404 | £437,500 | 47 GATEHILL GARDENS |
24 Jun 2021 | £708,130 | £660,000 | 26 GATEHILL GARDENS |
24 Jun 2021 | £423,805 | £395,000 | 8 GATEHILL GARDENS |
This house has a floor area of 214 sq meters or 2,311 sq feet when measured on 3 Dec 2008. Using an estimated price of £793,577 means this house is valued at £3,696 per sq meter (£343 per sq foot).
The average size of a house on HOLFORD WAY is 127 sq meters (1,370 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gatehill Gardens |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gatehill Gardens |
Feb 2024 | Drugs | Under investigation | On or near Barton Road |
Jan 2024 | Other theft | Unable to prosecute suspect | On or near Barton Road |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Elvington Gardens |