£346,181
This estimated value is based upon the latest sale price for the house of £230,000 on 19 Sep 2014. 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 |
|---|---|
| £230,000 | 19 Sep 2014 |
| £180,000 | 2 Jul 2004 |
| £62,000 | 24 May 1996 |
| Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 2014 the House Price Index for LUTON was 98.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 50.514%.Applying this 50.514% change to the original purchase price of £230,000 results in an estimated price of approximately £346,181.
| 19 Sep 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 148.6 | 50.514 % | £230,000 | £116,181 | £346,181 |
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 | 121.617 % | £279,718 | £509,718 |
| 3 Month Average | 54.053 % | £124,321 | £354,321 |
| 6 Month Average | 85.190 % | £195,936 | £425,936 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Sep 2023 | £339,339 | £335,000 | 55 WHITWELL CLOSE |
| 25 Aug 2023 | £279,949 | £277,500 | 35 SPAYNE CLOSE |
| 28 Apr 2023 | £368,973 | £365,000 | 56 WHITWELL CLOSE |
| 3 Mar 2023 | £383,614 | £380,000 | 69 WHITWELL CLOSE |
| 31 Jan 2022 | £349,399 | £332,000 | 52 WHITWELL CLOSE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 27 Feb 2014. Using an estimated price of £346,182 means this house is valued at £4,382 per sq meter (£407 per sq foot).
The average size of a house on WHITWELL CLOSE is 76 sq meters (822 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Whitwell Close | |
| Apr 2024 | Anti-social behaviour | On or near Marsom Grove | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marsom Grove |
| Feb 2024 | Anti-social behaviour | On or near Marsom Grove | |
| Feb 2024 | Anti-social behaviour | On or near Marsom Grove |