£198,754
This estimated value is based upon the latest sale price for the house of £115,000 on 10 Dec 2009. 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 |
|---|---|
| £115,000 | 10 Dec 2009 |
| Terraced |
| Freehold |
| Floor Area: 48 sq meters or 525 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 December 2009 the House Price Index for LUTON was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.830%.Applying this 72.830% change to the original purchase price of £115,000 results in an estimated price of approximately £198,754.
| 10 Dec 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.830 % | £115,000 | £83,754 | £198,754 |
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 | 72.716 % | £83,623 | £198,623 |
| 3 Month Average | 81.531 % | £93,760 | £208,760 |
| 6 Month Average | 80.842 % | £92,967 | £207,967 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £202,590 | £200,000 | 42 HEDLEY RISE |
| 30 Jun 2023 | £283,433 | £280,000 | 3 TANFIELD GREEN |
| 21 Jun 2023 | £328,985 | £325,000 | 18 TANFIELD GREEN |
| 3 Mar 2023 | £277,615 | £275,000 | 41 CORBRIDGE DRIVE |
| 15 Jul 2022 | £323,370 | £322,500 | 16 TANFIELD GREEN |
This house has a floor area of 48 sq meters or 525 sq feet when measured on 26 Aug 2009. Using an estimated price of £198,754 means this house is valued at £4,072 per sq meter (£378 per sq foot).
The average size of a house on HEDLEY RISE is 54 sq meters (587 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Tanfield Green | |
| Feb 2024 | Anti-social behaviour | On or near Tanfield Green | |
| Feb 2024 | Anti-social behaviour | On or near Tanfield Green | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Radstone Place |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Whittingham Close |