£266,718
This estimated value is based upon the latest sale price for the house of £170,000 on 6 Aug 2007. 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 |
---|---|
£170,000 | 6 Aug 2007 |
Semi-Detached |
Freehold |
Floor Area: 55 sq meters or 594 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 August 2007 the House Price Index for LUTON was 94.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.893%.Applying this 56.893% change to the original purchase price of £170,000 results in an estimated price of approximately £266,718.
6 Aug 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.7 | 148.6 | 56.893 % | £170,000 | £96,718 | £266,718 |
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 | 123.789 % | £210,441 | £380,441 |
3 Month Average | 69.425 % | £118,022 | £288,022 |
6 Month Average | 92.804 % | £157,767 | £327,767 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Sep 2023 | £283,626 | £280,000 | 48 ENDERBY ROAD |
31 Mar 2023 | £294,777 | £292,000 | 54 ENDERBY ROAD |
26 Jul 2022 | £431,161 | £430,000 | 5 CLAYDON CLOSE |
15 Jul 2022 | £376,012 | £375,000 | 7 WELBURY AVENUE |
24 Jun 2022 | £431,092 | £425,000 | 10 WELBURY AVENUE |
This house has a floor area of 55 sq meters or 594 sq feet when measured on 25 Jun 2009. Using an estimated price of £266,718 means this house is valued at £4,831 per sq meter (£448 per sq foot).
The average size of a house on BIRDSFOOT LANE is 85 sq meters (922 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Hill Close |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hill Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |