£241,794
This estimated value is based upon the latest sale price for the house of £144,995 on 1 Dec 2006. 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 |
---|---|
£144,995 | 1 Dec 2006 |
£51,995 | 29 Sep 1995 |
£38,000 | 14 Jul 1995 |
Semi-Detached |
Freehold |
Floor Area: 60 sq meters or 645 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 December 2006 the House Price Index for LUTON was 89.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 66.761%.Applying this 66.761% change to the original purchase price of £144,995 results in an estimated price of approximately £241,794.
1 Dec 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
89.8 | 149.7 | 66.761 % | £144,995 | £96,799 | £241,794 |
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 | 85.755 % | £124,340 | £269,335 |
3 Month Average | 78.925 % | £114,436 | £259,431 |
6 Month Average | 80.929 % | £117,343 | £262,338 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Mar 2024 | £467,178 | £460,000 | 86 MARSOM GROVE |
3 Nov 2023 | £323,204 | £315,000 | 21 WHITWELL CLOSE |
11 Oct 2023 | £281,391 | £275,000 | 35 WHITWELL CLOSE |
2 Oct 2023 | £259,903 | £254,000 | 4 MARSOM GROVE |
19 Sep 2023 | £342,551 | £335,000 | 55 WHITWELL CLOSE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 16 Sep 2020. Using an estimated price of £241,795 means this house is valued at £4,029 per sq meter (£374 per sq foot).
The average size of a house on WHITWELL CLOSE is 76 sq meters (822 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Whitwell Close |
Apr 2024 | Anti-social behaviour | On or near Whitwell Close | |
Apr 2024 | Anti-social behaviour | On or near Whitwell Close | |
Apr 2024 | Anti-social behaviour | On or near Whitwell Close | |
Apr 2024 | Anti-social behaviour | On or near Whitwell Close |