£276,989
This estimated value is based upon the latest sale price for the house of £185,000 on 21 Nov 2014. This value is then adjusted by the current Official House Price Index for LUTON 1
Get our free house price tracker.
Cromer Way, Luton, LU2 7DB
Phone: 01582955220
| Price Paid | Date |
|---|---|
| £185,000 | 21 Nov 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 68 sq meters or 731 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 November 2014 the House Price Index for LUTON was 99.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.724%.Applying this 49.724% change to the original purchase price of £185,000 results in an estimated price of approximately £276,989.
| 21 Nov 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 148.6 | 49.724 % | £185,000 | £91,989 | £276,989 |
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 | 139.253 % | £257,618 | £442,618 |
| 3 Month Average | 61.459 % | £113,699 | £298,699 |
| 6 Month Average | 82.146 % | £151,969 | £336,969 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £288,691 | £285,000 | 11 GRASMERE AVENUE |
| 31 Jul 2023 | £299,025 | £295,000 | 77 ICKNIELD WAY |
| 18 Jul 2023 | £370,993 | £366,000 | 59 MARSOM GROVE |
| 11 Jul 2023 | £304,093 | £300,000 | 23 GRASMERE AVENUE |
| 20 Jun 2023 | £237,881 | £235,000 | 34 GRASMERE AVENUE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 21 Jul 2014. Using an estimated price of £276,990 means this house is valued at £4,073 per sq meter (£378 per sq foot).
The average size of a house on ICKNIELD WAY is 99 sq meters (1,071 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Grasmere Avenue | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grasmere Avenue |
| Jan 2024 | Anti-social behaviour | On or near Grasmere Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Grasmere Avenue | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marsom Grove |