£321,042
This estimated value is based upon the latest sale price for the house of £218,500 on 30 Apr 2015. This value is then adjusted by the current Official House Price Index for BEDFORDSHIRE 1
There has been one burglary within the last year on or near Cromer Way
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Cromer Way, Luton, LU2 7DB
Phone: 01582955220
Price Paid | Date |
---|---|
£218,500 | 30 Apr 2015 |
£190,000 | 26 Jul 2007 |
£173,500 | 15 Jul 2005 |
£109,950 | 27 Mar 2002 |
Terraced |
Freehold |
Floor Area: 73 sq meters or 785 sq feet |
This model uses changes in the Official Land Registry House Price Index for BEDFORDSHIRE to estimate the market value.
When this house was purchased in April 2015 the House Price Index for BEDFORDSHIRE was 101.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 46.930%.Applying this 46.930% change to the original purchase price of £218,500 results in an estimated price of approximately £321,042.
30 Apr 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.1 | 148.6 | 46.930 % | £218,500 | £102,542 | £321,042 |
The Postcode Pricing Model uses changes in average sales price within the LU2 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 | 35.610 % | £77,808 | £296,308 |
3 Month Average | 53.103 % | £116,029 | £334,529 |
6 Month Average | 48.843 % | £106,722 | £325,222 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £360,559 | £354,250 | 10 FARMBROOK |
12 Sep 2023 | £268,432 | £265,000 | 6 FARMBROOK |
29 Mar 2023 | £277,615 | £275,000 | 22 YATELY CLOSE |
11 Feb 2022 | £174,083 | £166,000 | 52 FARMBROOK |
16 Nov 2021 | £621,870 | £575,000 | 15 INGRAM GARDENS |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 4 Mar 2015. Using an estimated price of £321,043 means this house is valued at £4,397 per sq meter (£408 per sq foot).
The average size of a house on FARMBROOK is 64 sq meters (692 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Cromer Way |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Yately Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Yately Close |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Yately Close |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Yately Close |