£405,804
This estimated value is based upon the latest sale price for the house of £242,500 on 5 Jul 2013. 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 |
---|---|
£242,500 | 5 Jul 2013 |
£233,500 | 3 Aug 2006 |
Detached |
Freehold |
Floor Area: 92 sq meters or 990 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 July 2013 the House Price Index for LUTON was 89.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 67.342%.Applying this 67.342% change to the original purchase price of £242,500 results in an estimated price of approximately £405,804.
5 Jul 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
89.5 | 149.7 | 67.342 % | £242,500 | £163,304 | £405,804 |
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 | 83.652 % | £202,855 | £445,355 |
3 Month Average | 68.728 % | £166,666 | £409,166 |
6 Month Average | 74.975 % | £181,813 | £424,313 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Jun 2022 | £587,560 | £575,000 | 32 GATEHILL GARDENS |
25 Jun 2021 | £472,879 | £437,500 | 47 GATEHILL GARDENS |
24 Jun 2021 | £426,942 | £395,000 | 8 GATEHILL GARDENS |
24 Jun 2021 | £713,372 | £660,000 | 26 GATEHILL GARDENS |
9 Oct 2020 | £366,348 | £310,000 | 59 GATEHILL GARDENS |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 4 Oct 2016. Using an estimated price of £405,804 means this house is valued at £4,410 per sq meter (£409 per sq foot).
The average size of a house on GATEHILL GARDENS is 127 sq meters (1,374 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gatehill Gardens |
Jul 2024 | Anti-social behaviour | On or near Gatehill Gardens | |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gatehill Gardens |
May 2024 | Public order | Unable to prosecute suspect | On or near Milburn Close |
May 2024 | Public order | Unable to prosecute suspect | On or near Milburn Close |