£349,008
This estimated value is based upon the latest sale price for the house of £270,000 on 28 Apr 2017. 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 |
---|---|
£270,000 | 28 Apr 2017 |
£190,000 | 25 Jul 2008 |
£129,995 | 10 May 2002 |
Detached |
Freehold |
Floor Area: 46 sq meters or 495 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 April 2017 the House Price Index for LUTON was 115.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.262%.Applying this 29.262% change to the original purchase price of £270,000 results in an estimated price of approximately £349,008.
28 Apr 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.0 | 148.6 | 29.262 % | £270,000 | £79,008 | £349,008 |
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 | 43.661 % | £117,884 | £387,884 |
3 Month Average | 14.747 % | £39,818 | £309,818 |
6 Month Average | 34.151 % | £92,208 | £362,208 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Mar 2023 | £317,996 | £315,000 | 23 POPLAR AVENUE |
10 Feb 2023 | £334,775 | £335,000 | 7 WYCOMBE WAY |
15 Jul 2022 | £200,540 | £200,000 | 5 MARKHAM ROAD |
27 Jun 2022 | £405,734 | £400,000 | 34A POPLAR AVENUE |
16 May 2022 | £851,036 | £835,000 | 11 MARKHAM ROAD |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 19 Oct 2016. Using an estimated price of £349,008 means this house is valued at £7,587 per sq meter (£704 per sq foot).
The average size of a house on POPLAR AVENUE is 76 sq meters (825 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 |
---|---|---|---|
Apr 2024 | Public order | Under investigation | On or near Poplar Avenue |
Jan 2024 | Anti-social behaviour | On or near Grasmere Road | |
Jan 2024 | Anti-social behaviour | On or near Grasmere Road | |
Jan 2024 | Anti-social behaviour | On or near Grasmere Road | |
Jan 2024 | Anti-social behaviour | On or near Grasmere Road |