£364,928
This estimated value is based upon the latest sale price for the house of £275,500 on 14 Oct 2016. This value is then adjusted by the current Official House Price Index for BEDFORDSHIRE 1
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Cromer Way, Luton, LU2 7DB
Phone: 01582955220
Price Paid | Date |
---|---|
£275,500 | 14 Oct 2016 |
£82,995 | 30 Jul 1999 |
£62,950 | 31 Mar 1995 |
Detached |
Freehold |
Floor Area: 46 sq meters or 495 sq feet |
This model uses changes in the Official Land Registry House Price Index for BEDFORDSHIRE to estimate the market value.
When this house was purchased in October 2016 the House Price Index for BEDFORDSHIRE was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £275,500 results in an estimated price of approximately £364,928.
14 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.2 | 148.6 | 32.461 % | £275,500 | £89,428 | £364,928 |
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 | 16.922 % | £46,619 | £322,119 |
3 Month Average | 25.908 % | £71,377 | £346,877 |
6 Month Average | 21.081 % | £58,076 | £333,576 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Jul 2023 | £263,547 | £260,000 | 32 DOVEDALE |
22 Jun 2023 | £280,396 | £277,000 | 9 LAVENDER CLOSE |
3 Mar 2023 | £292,758 | £290,000 | 38 DOVEDALE |
11 Jul 2022 | £325,877 | £325,000 | 14 DOVEDALE |
11 Mar 2022 | £305,697 | £295,000 | 32 CHALKDOWN |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 13 Oct 2015. Using an estimated price of £364,929 means this house is valued at £7,933 per sq meter (£737 per sq foot).
The average size of a house on TROON GARDENS is 71 sq meters (767 sq feet).
This house is the smallest in the street with a floor area of 46 sq meters (495 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Public order | Unable to prosecute suspect | On or near Dovedale |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dovedale |
Mar 2024 | Other theft | Under investigation | On or near Thyme Close |