£377,269
This estimated value is based upon the latest sale price for the house of £210,000 on 4 Sep 2009. 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 |
---|---|
£210,000 | 4 Sep 2009 |
Detached |
Freehold |
Floor Area: 86 sq meters or 931 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 2009 the House Price Index for LUTON was 83.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 79.652%.Applying this 79.652% change to the original purchase price of £210,000 results in an estimated price of approximately £377,269.
4 Sep 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
83.3 | 149.7 | 79.652 % | £210,000 | £167,269 | £377,269 |
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 | 81.324 % | £170,779 | £380,779 |
3 Month Average | 86.884 % | £182,457 | £392,457 |
6 Month Average | 91.440 % | £192,024 | £402,024 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Oct 2023 | £396,505 | £387,500 | 32 HAYTON CLOSE |
15 Sep 2023 | £787,357 | £770,000 | 2 HAYTON CLOSE |
17 Jun 2022 | £679,526 | £665,000 | 15 MILBURN CLOSE |
8 Dec 2021 | £647,585 | £600,000 | 20 HAYTON CLOSE |
13 Aug 2021 | £140,484 | £125,000 | 8 SKELTON CLOSE |
This house has a floor area of 86 sq meters or 931 sq feet when measured on 5 May 2009. Using an estimated price of £377,269 means this house is valued at £4,359 per sq meter (£405 per sq foot).
The average size of a house on SKELTON CLOSE is 85 sq meters (923 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Gatehill Gardens | |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gatehill Gardens |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gatehill Gardens |
Apr 2024 | Anti-social behaviour | On or near Dalton Close | |
Apr 2024 | Anti-social behaviour | On or near Dalton Close |