£249,876
This estimated value is based upon the latest sale price for the house of £150,000 on 2 Aug 2013. 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 |
---|---|
£150,000 | 2 Aug 2013 |
Detached |
Leasehold |
Floor Area: 63 sq meters or 678 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 2013 the House Price Index for LUTON was 89.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 66.584%.Applying this 66.584% change to the original purchase price of £150,000 results in an estimated price of approximately £249,876.
2 Aug 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
89.9 | 149.7 | 66.584 % | £150,000 | £99,876 | £249,876 |
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 | 64.066 % | £96,099 | £246,099 |
3 Month Average | 62.078 % | £93,117 | £243,117 |
6 Month Average | 69.760 % | £104,640 | £254,640 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Dec 2023 | £412,681 | £400,000 | 1 CHARNDON CLOSE |
20 Oct 2023 | £225,113 | £220,000 | 90 DEXTER CLOSE |
22 Sep 2023 | £434,580 | £425,000 | 44 DEXTER CLOSE |
30 Jun 2023 | £224,499 | £220,000 | 39 EDGCOTT CLOSE |
13 Jun 2023 | £137,761 | £135,000 | 71 DEXTER CLOSE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 24 Jan 2013. Using an estimated price of £249,876 means this house is valued at £3,966 per sq meter (£368 per sq foot).
The average size of a house on EDGCOTT CLOSE is 65 sq meters (700 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Charndon Close |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Dexter Close |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dexter Close |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
Jun 2024 | Anti-social behaviour | On or near Balmore Wood |