£248,804
This estimated value is based upon the latest sale price for the house of £60,000 on 15 Oct 1999. This value is then adjusted by the current Official House Price Index for LUTON 1
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19 Corncrake Close, Luton, LU2 8EL
Phone: 01582955817
Price Paid | Date |
---|---|
£60,000 | 15 Oct 1999 |
Terraced |
Freehold |
Floor Area: 54 sq meters or 584 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 October 1999 the House Price Index for LUTON was 35.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 314.674%.Applying this 314.674% change to the original purchase price of £60,000 results in an estimated price of approximately £248,804.
15 Oct 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
35.8 | 148.6 | 314.674 % | £60,000 | £188,804 | £248,804 |
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 | 318.164 % | £190,898 | £250,898 |
3 Month Average | 337.269 % | £202,361 | £262,361 |
6 Month Average | 335.657 % | £201,393 | £261,393 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £202,590 | £200,000 | 42 HEDLEY RISE |
23 Jun 2023 | £318,862 | £315,000 | 6 LAXTON CLOSE |
11 Aug 2022 | £317,146 | £318,000 | 17 LAXTON CLOSE |
17 Jun 2022 | £294,157 | £290,000 | 23 HEDLEY RISE |
10 Jun 2022 | £347,410 | £342,500 | 39 HEDLEY RISE |
This house has a floor area of 54 sq meters or 584 sq feet when measured on 4 Mar 2009. Using an estimated price of £248,804 means this house is valued at £4,582 per sq meter (£425 per sq foot).
The average size of a house on RADSTONE PLACE is 72 sq meters (781 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Radstone Place |
Apr 2024 | Anti-social behaviour | On or near Laxton Close | |
Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Laxton Close |
Apr 2024 | Public order | Under investigation | On or near Laxton Close |
Mar 2024 | Anti-social behaviour | On or near Laxton Close |