£555,478
This estimated value is based upon the latest sale price for the house of £325,000 on 1 Mar 2012. This value is then adjusted by the current Official House Price Index for CENTRAL BEDFORDSHIRE 1
There has been one burglary within the last year on or near Cromer Way
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Cromer Way, Luton, LU2 7DB
Phone: 01582955220
| Price Paid | Date |
|---|---|
| £325,000 | 1 Mar 2012 |
| £280,000 | 22 Mar 2006 |
| £157,000 | 28 Apr 1999 |
| Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,207 sq feet |
This model uses changes in the Official Land Registry House Price Index for CENTRAL BEDFORDSHIRE to estimate the market value.
When this house was purchased in March 2012 the House Price Index for CENTRAL BEDFORDSHIRE was 86.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.916%.Applying this 70.916% change to the original purchase price of £325,000 results in an estimated price of approximately £555,478.
| 1 Mar 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 148.6 | 70.916 % | £325,000 | £230,478 | £555,478 |
The Postcode Pricing Model uses changes in average sales price within the LU2 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 | 63.185 % | £205,350 | £530,350 |
| 3 Month Average | 81.108 % | £263,602 | £588,602 |
| 6 Month Average | 72.770 % | £236,502 | £561,502 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Mar 2023 | £277,615 | £275,000 | 22 YATELY CLOSE |
| 11 Feb 2022 | £174,083 | £166,000 | 52 FARMBROOK |
| 16 Nov 2021 | £621,870 | £575,000 | 15 INGRAM GARDENS |
| 30 Sep 2021 | £274,786 | £255,000 | 10 YATELY CLOSE |
| 29 Sep 2021 | £521,016 | £483,500 | 3 SAFFRON CLOSE |
This house has a floor area of 112 sq meters or 1,207 sq feet when measured on 7 Jan 2012. Using an estimated price of £555,478 means this house is valued at £4,951 per sq meter (£459 per sq foot).
The average size of a house on INGRAM GARDENS is 111 sq meters (1,198 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Cromer Way |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Yately Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Yately Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Yately Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Yately Close |