£339,102
This estimated value is based upon the latest sale price for the house of £280,000 on 6 Dec 2019. 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 |
|---|---|
| £280,000 | 6 Dec 2019 |
| £270,000 | 14 Dec 2015 |
| £206,500 | 16 Aug 2010 |
| £148,000 | 26 Apr 2002 |
| £88,000 | 21 Jun 1999 |
| Detached |
| Freehold |
| Floor Area: 84 sq meters or 914 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 2019 the House Price Index for LUTON was 121.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.108%.Applying this 21.108% change to the original purchase price of £280,000 results in an estimated price of approximately £339,102.
| 6 Dec 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 146.7 | 21.108 % | £280,000 | £59,102 | £339,102 |
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 | 10.879 % | £30,460 | £310,460 |
| 3 Month Average | 13.474 % | £37,725 | £317,725 |
| 6 Month Average | 26.588 % | £74,446 | £354,446 |
This house has a floor area of 84 sq meters or 914 sq feet when measured on 30 Apr 2010.
The average size of a house on BALMORE WOOD is 96 sq meters (1,040 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Balmore Wood | |
| Feb 2024 | Anti-social behaviour | On or near Balmore Wood | |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Dexter Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Dexter Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dexter Close |