£557,400
This estimated value is based upon the latest sale price for the house of £325,000 on 27 Jan 2010. 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 |
---|---|
£325,000 | 27 Jan 2010 |
Detached |
Freehold |
Floor Area: 152 sq meters or 1,641 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 January 2010 the House Price Index for LUTON was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.508%.Applying this 71.508% change to the original purchase price of £325,000 results in an estimated price of approximately £557,400.
27 Jan 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.6 | 148.6 | 71.508 % | £325,000 | £232,400 | £557,400 |
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 | 137.664 % | £447,407 | £772,407 |
3 Month Average | 71.751 % | £233,192 | £558,192 |
6 Month Average | 99.335 % | £322,839 | £647,839 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Jun 2022 | £674,532 | £665,000 | 15 MILBURN CLOSE |
1 Jun 2022 | £583,242 | £575,000 | 32 GATEHILL GARDENS |
25 Jun 2021 | £469,404 | £437,500 | 47 GATEHILL GARDENS |
24 Jun 2021 | £423,805 | £395,000 | 8 GATEHILL GARDENS |
24 Jun 2021 | £708,130 | £660,000 | 26 GATEHILL GARDENS |
This house has a floor area of 152 sq meters or 1,641 sq feet when measured on 30 Sep 2008. Using an estimated price of £557,401 means this house is valued at £3,655 per sq meter (£339 per sq foot).
The average size of a house on GATEHILL GARDENS is 127 sq meters (1,374 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gatehill Gardens |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gatehill Gardens |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hayton Close |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hayton Close |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hayton Close |