£572,646
This estimated value is based upon the latest sale price for the house of £182,000 on 31 Jan 2002. 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 |
---|---|
£182,000 | 31 Jan 2002 |
Detached |
Freehold |
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 2002 the House Price Index for LUTON was 47.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 214.641%.Applying this 214.641% change to the original purchase price of £182,000 results in an estimated price of approximately £572,646.
31 Jan 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
47.6 | 149.7 | 214.641 % | £182,000 | £390,646 | £572,646 |
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 | 264.976 % | £482,255 | £664,255 |
3 Month Average | 221.306 % | £402,776 | £584,776 |
6 Month Average | 226.704 % | £412,600 | £594,600 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 May 2024 | £480,000 | £480,000 | 10 ELVINGTON GARDENS |
5 Jun 2023 | £372,464 | £365,000 | 15 CHARD DRIVE |
11 Jul 2022 | £297,986 | £295,000 | 24 FARROW CLOSE |
6 Jul 2022 | £707,085 | £700,000 | 1 ELVINGTON GARDENS |
1 Jun 2022 | £390,344 | £382,000 | 22 CRESSWELL GARDENS |
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Farrow Close |
May 2024 | Public order | Unable to prosecute suspect | On or near Milburn Close |
May 2024 | Public order | Unable to prosecute suspect | On or near Milburn Close |
May 2024 | Violence and sexual offences | Under investigation | On or near Spurcroft |
Jun 2024 | Anti-social behaviour | On or near Balmore Wood |