£405,588
This estimated value is based upon the latest sale price for the house of £320,000 on 15 Sep 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 |
---|---|
£320,000 | 15 Sep 2017 |
£212,000 | 17 Oct 2006 |
Semi-Detached |
Freehold |
Floor Area: 97 sq meters or 1,044 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 September 2017 the House Price Index for LUTON was 117.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.747%.Applying this 26.747% change to the original purchase price of £320,000 results in an estimated price of approximately £405,588.
15 Sep 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.2 | 148.6 | 26.747 % | £320,000 | £85,588 | £405,588 |
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 | 61.471 % | £196,707 | £516,707 |
3 Month Average | 13.816 % | £44,209 | £364,209 |
6 Month Average | 33.327 % | £106,645 | £426,645 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Feb 2023 | £299,798 | £300,000 | 17 ICKNIELD WAY |
10 Feb 2023 | £334,775 | £335,000 | 7 WYCOMBE WAY |
15 Jul 2022 | £200,540 | £200,000 | 5 MARKHAM ROAD |
16 May 2022 | £851,036 | £835,000 | 11 MARKHAM ROAD |
3 Mar 2022 | £347,148 | £335,000 | 13 WYCOMBE WAY |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 24 Apr 2017. Using an estimated price of £405,589 means this house is valued at £4,181 per sq meter (£388 per sq foot).
The average size of a house on ICKNIELD WAY is 99 sq meters (1,071 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Markham Road | |
Feb 2024 | Anti-social behaviour | On or near Markham Road | |
Feb 2024 | Anti-social behaviour | On or near Markham Road | |
Jan 2024 | Anti-social behaviour | On or near Indigo Gardens | |
Jan 2024 | Anti-social behaviour | On or near Indigo Gardens |