£505,502
This estimated value is based upon the latest sale price for the house of £390,000 on 9 Mar 2017. 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 |
|---|---|
| £390,000 | 9 Mar 2017 |
| Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 March 2017 the House Price Index for LUTON was 114.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.616%.Applying this 29.616% change to the original purchase price of £390,000 results in an estimated price of approximately £505,502.
| 9 Mar 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 148.6 | 29.616 % | £390,000 | £115,502 | £505,502 |
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 | 45.715 % | £178,286 | £568,286 |
| 3 Month Average | 19.374 % | £75,559 | £465,559 |
| 6 Month Average | 36.809 % | £143,554 | £533,554 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jul 2023 | £446,003 | £440,000 | 128 BARTON ROAD |
| 13 Jul 2023 | £364,911 | £360,000 | 17 HILLCREST AVENUE |
| 16 Mar 2023 | £252,378 | £250,000 | 116 BARTON ROAD |
| 26 Jan 2023 | £761,413 | £765,000 | 111 BARTON ROAD |
| 15 Jul 2022 | £265,715 | £265,000 | 8 KELLING CLOSE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 30 Aug 2016. Using an estimated price of £505,502 means this house is valued at £5,679 per sq meter (£527 per sq foot).
The average size of a house on BARTON ROAD is 149 sq meters (1,604 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Petrol Station |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Apr 2024 | Anti-social behaviour | On or near Petrol Station |