£418,164
This estimated value is based upon the latest sale price for the house of £335,000 on 27 Apr 2018. This value is then adjusted by the current Official House Price Index for CENTRAL BEDFORDSHIRE 1
There has been one burglary within the last year on or near Cromer Way
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Cromer Way, Luton, LU2 7DB
Phone: 01582955220
Price Paid | Date |
---|---|
£335,000 | 27 Apr 2018 |
£198,000 | 28 Jan 2011 |
£124,500 | 30 Nov 1999 |
£81,995 | 28 Feb 1995 |
Detached |
Freehold |
Floor Area: 76 sq meters or 819 sq feet |
This model uses changes in the Official Land Registry House Price Index for CENTRAL BEDFORDSHIRE to estimate the market value.
When this house was purchased in April 2018 the House Price Index for CENTRAL BEDFORDSHIRE was 119.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.825%.Applying this 24.825% change to the original purchase price of £335,000 results in an estimated price of approximately £418,164.
27 Apr 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.0 | 148.6 | 24.825 % | £335,000 | £83,164 | £418,164 |
The Postcode Pricing Model uses changes in average sales price within the LU2 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 | 1.924 % | £6,444 | £341,444 |
3 Month Average | 11.525 % | £38,607 | £373,607 |
6 Month Average | 11.159 % | £37,382 | £372,382 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Mar 2023 | £277,615 | £275,000 | 22 YATELY CLOSE |
11 Feb 2022 | £174,083 | £166,000 | 52 FARMBROOK |
16 Nov 2021 | £621,870 | £575,000 | 15 INGRAM GARDENS |
30 Sep 2021 | £274,786 | £255,000 | 10 YATELY CLOSE |
29 Sep 2021 | £521,016 | £483,500 | 3 SAFFRON CLOSE |
This house has a floor area of 76 sq meters or 819 sq feet when measured on 5 Nov 2009. Using an estimated price of £418,164 means this house is valued at £5,489 per sq meter (£510 per sq foot).
The average size of a house on INGRAM GARDENS is 111 sq meters (1,198 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Cromer Way |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Yately Close |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Yately Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Yately Close |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Yately Close |