£379,712
This estimated value is based upon the latest sale price for the house of £77,000 on 15 Dec 1997. 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 |
---|---|
£77,000 | 15 Dec 1997 |
Semi-Detached |
Freehold |
Floor Area: 79 sq meters or 854 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 1997 the House Price Index for LUTON was 30.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 393.133%.Applying this 393.133% change to the original purchase price of £77,000 results in an estimated price of approximately £379,712.
15 Dec 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
30.4 | 149.7 | 393.133 % | £77,000 | £302,712 | £379,712 |
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 | 451.198 % | £347,422 | £424,422 |
3 Month Average | 447.250 % | £344,382 | £421,382 |
6 Month Average | 446.917 % | £344,126 | £421,126 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
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 |
28 Apr 2023 | £371,957 | £365,000 | 56 WHITWELL CLOSE |
This house has a floor area of 79 sq meters or 854 sq feet when measured on 13 May 2011. Using an estimated price of £379,712 means this house is valued at £4,781 per sq meter (£444 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 |