£266,167
This estimated value is based upon the latest sale price for the house of £147,500 on 21 Nov 2008. 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 |
|---|---|
| £147,500 | 21 Nov 2008 |
| £80,000 | 8 Nov 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 57 sq meters or 613 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 November 2008 the House Price Index for LUTON was 83.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 80.452%.Applying this 80.452% change to the original purchase price of £147,500 results in an estimated price of approximately £266,167.
| 21 Nov 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.0 | 149.7 | 80.452 % | £147,500 | £118,667 | £266,167 |
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 | 104.096 % | £153,541 | £301,041 |
| 3 Month Average | 87.178 % | £128,587 | £276,087 |
| 6 Month Average | 82.439 % | £121,597 | £269,097 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Oct 2022 | £199,334 | £200,000 | 38 SHARPLES GREEN |
| 23 Jun 2022 | £357,645 | £350,000 | 15 SHARPLES GREEN |
| 30 May 2022 | £323,426 | £315,000 | 23 SPAYNE CLOSE |
| 25 Mar 2022 | £100,218 | £96,000 | 25 LUCAS GARDENS |
| 18 Mar 2022 | £260,983 | £250,000 | 66 LUCAS GARDENS |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 20 Oct 2018. Using an estimated price of £266,167 means this house is valued at £4,669 per sq meter (£433 per sq foot).
The average size of a house on SHARPLES GREEN is 55 sq meters (601 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Sharples Green | |
| Jul 2024 | Other theft | Under investigation | On or near Sharples Green |
| Jul 2024 | Anti-social behaviour | On or near Sharples Green | |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sharples Green |
| Jul 2024 | Public order | Under investigation | On or near Sharples Green |