£655,724
This estimated value is based upon the latest sale price for the house of £284,995 on 15 Aug 2003. 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 |
|---|---|
| £284,995 | 15 Aug 2003 |
| Detached |
| Freehold |
| Floor Area: 134 sq meters or 1,442 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 August 2003 the House Price Index for LUTON was 64.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 130.083%.Applying this 130.083% change to the original purchase price of £284,995 results in an estimated price of approximately £655,724.
| 15 Aug 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 64.6 | 148.6 | 130.083 % | £284,995 | £370,729 | £655,724 |
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 | 206.849 % | £589,510 | £874,505 |
| 3 Month Average | 121.570 % | £346,468 | £631,463 |
| 6 Month Average | 158.010 % | £450,319 | £735,314 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £779,973 | £770,000 | 2 HAYTON CLOSE |
| 1 Sep 2023 | £420,375 | £415,000 | 4 DALTON CLOSE |
| 9 Sep 2022 | £577,338 | £582,000 | 8 LAUNTON CLOSE |
| 8 Dec 2021 | £642,826 | £600,000 | 20 HAYTON CLOSE |
| 13 Aug 2021 | £139,452 | £125,000 | 8 SKELTON CLOSE |
This house has a floor area of 134 sq meters or 1,442 sq feet when measured on 8 Sep 2020. Using an estimated price of £655,724 means this house is valued at £4,893 per sq meter (£454 per sq foot).
The average size of a house on SKELTON CLOSE is 85 sq meters (923 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Dalton Close | |
| Apr 2024 | Anti-social behaviour | On or near Dalton Close | |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hayton Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hayton Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hayton Close |