£568,499
This estimated value is based upon the latest sale price for the house of £365,000 on 23 May 2014. 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 |
|---|---|
| £365,000 | 23 May 2014 |
| £299,995 | 18 Aug 2006 |
| £276,000 | 5 Mar 2004 |
| Detached |
| Freehold |
| Floor Area: 136 sq meters or 1,463 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 May 2014 the House Price Index for LUTON was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £365,000 results in an estimated price of approximately £568,499.
| 23 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 149.7 | 55.753 % | £365,000 | £203,499 | £568,499 |
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 | 95.690 % | £349,266 | £714,266 |
| 3 Month Average | 78.203 % | £285,441 | £650,441 |
| 6 Month Average | 78.554 % | £286,722 | £651,722 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Oct 2023 | £396,505 | £387,500 | 32 HAYTON CLOSE |
| 15 Sep 2023 | £787,357 | £770,000 | 2 HAYTON CLOSE |
| 1 Sep 2023 | £424,355 | £415,000 | 4 DALTON CLOSE |
| 9 Sep 2022 | £581,611 | £582,000 | 8 LAUNTON CLOSE |
| 8 Dec 2021 | £647,585 | £600,000 | 20 HAYTON CLOSE |
This house has a floor area of 136 sq meters or 1,463 sq feet when measured on 21 Nov 2013. Using an estimated price of £568,500 means this house is valued at £4,180 per sq meter (£388 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 | |
| Apr 2024 | Anti-social behaviour | On or near Dalton Close | |
| Apr 2024 | Anti-social behaviour | On or near Dalton Close | |
| Apr 2024 | Anti-social behaviour | On or near Dalton Close |