£1,181,595
This estimated value is based upon the latest sale price for the house of £660,000 on 27 Jan 2006. 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 |
|---|---|
| £660,000 | 27 Jan 2006 |
| 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 January 2006 the House Price Index for BEDFORDSHIRE was 83.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 79.030%.Applying this 79.030% change to the original purchase price of £660,000 results in an estimated price of approximately £1,181,595.
| 27 Jan 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.0 | 148.6 | 79.030 % | £660,000 | £521,595 | £1,181,595 |
The Postcode Pricing Model uses changes in average sales price within the MK45 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 | 110.680 % | £730,486 | £1,390,486 |
| 3 Month Average | 72.311 % | £477,252 | £1,137,252 |
| 6 Month Average | 80.167 % | £529,104 | £1,189,104 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Jun 2023 | £475,763 | £470,000 | 150 MANOR ROAD |
| 9 Mar 2023 | £343,234 | £340,000 | 15 DUNSTALL ROAD |
| 22 Feb 2023 | £474,681 | £475,000 | 12 DUNSTALL ROAD |
| 25 Jul 2022 | £566,525 | £565,000 | 37 DUNSTALL ROAD |
| 5 Apr 2022 | £276,759 | £268,750 | 7 HEXTON ROAD |