£350,072
This estimated value is based upon the latest sale price for the house of £170,000 on 16 Apr 2004. 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 |
|---|---|
| £170,000 | 16 Apr 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 April 2004 the House Price Index for LUTON was 72.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 105.925%.Applying this 105.925% change to the original purchase price of £170,000 results in an estimated price of approximately £350,072.
| 16 Apr 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 72.7 | 149.7 | 105.925 % | £170,000 | £180,072 | £350,072 |
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 | 120.714 % | £205,213 | £375,213 |
| 3 Month Average | 109.254 % | £185,731 | £355,731 |
| 6 Month Average | 118.279 % | £201,074 | £371,074 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Oct 2023 | £455,342 | £445,000 | 4 CLAYDON CLOSE |
| 7 Mar 2023 | £371,199 | £365,000 | 107 GOOSEBERRY HILL |
| 18 Jan 2023 | £365,978 | £365,000 | 19 LABURNUM CLOSE |
| 28 Nov 2022 | £398,138 | £400,000 | 133 GOOSEBERRY HILL |
| 23 Aug 2022 | £180,846 | £180,000 | 7 LABURNUM CLOSE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 17 Jul 2019. Using an estimated price of £350,073 means this house is valued at £3,724 per sq meter (£345 per sq foot).
The average size of a house on WELBURY AVENUE is 114 sq meters (1,228 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Grasmere Road |
| May 2024 | Anti-social behaviour | On or near Grasmere Road | |
| May 2024 | Anti-social behaviour | On or near Grasmere Road | |
| May 2024 | Anti-social behaviour | On or near Grasmere Road | |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hill Close |