£312,643
This estimated value is based upon the latest sale price for the house of £288,000 on 28 Sep 2021. 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 |
---|---|
£288,000 | 28 Sep 2021 |
£100,000 | 15 Jun 2001 |
Detached |
Freehold |
Floor Area: 75 sq meters or 807 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 2021 the House Price Index for LUTON was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £288,000 results in an estimated price of approximately £312,643.
28 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 149.7 | 8.557 % | £288,000 | £24,643 | £312,643 |
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 | 6.972 % | £20,079 | £308,079 |
3 Month Average | 18.391 % | £52,966 | £340,966 |
6 Month Average | 6.357 % | £18,307 | £306,307 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Mar 2024 | £467,178 | £460,000 | 86 MARSOM GROVE |
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 |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 22 Jun 2021. Using an estimated price of £312,644 means this house is valued at £4,168 per sq meter (£387 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 |