£202,907
This estimated value is based upon the latest sale price for the house of £138,000 on 1 May 2015. 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 |
|---|---|
| £138,000 | 1 May 2015 |
| £123,000 | 18 Jan 2008 |
| £55,000 | 30 Mar 2001 |
| Terraced |
| Freehold |
| Floor Area: 47 sq meters or 505 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 May 2015 the House Price Index for LUTON was 101.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 47.034%.Applying this 47.034% change to the original purchase price of £138,000 results in an estimated price of approximately £202,907.
| 1 May 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 149.7 | 47.034 % | £138,000 | £64,907 | £202,907 |
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 | 66.613 % | £91,926 | £229,926 |
| 3 Month Average | 52.618 % | £72,613 | £210,613 |
| 6 Month Average | 62.111 % | £85,712 | £223,712 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Mar 2024 | £202,105 | £199,000 | 38 SPAYNE CLOSE |
| 25 Aug 2023 | £282,597 | £277,500 | 35 SPAYNE CLOSE |
| 14 Oct 2022 | £199,334 | £200,000 | 38 SHARPLES GREEN |
| 28 Jul 2022 | £202,024 | £200,000 | 11 SPAYNE CLOSE |
| 23 Jun 2022 | £357,645 | £350,000 | 15 SHARPLES GREEN |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 26 Feb 2014. Using an estimated price of £202,907 means this house is valued at £4,317 per sq meter (£401 per sq foot).
The average size of a house on SHARPLES GREEN is 55 sq meters (601 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Sharples Green | |
| Jul 2024 | Anti-social behaviour | On or near Sharples Green | |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sharples Green |
| Jul 2024 | Public order | Under investigation | On or near Sharples Green |
| Jul 2024 | Other theft | Under investigation | On or near Sharples Green |