£376,386
This estimated value is based upon the latest sale price for the house of £80,500 on 5 Jun 1998. This value is then adjusted by the current Official House Price Index for LUTON 1
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19 Corncrake Close, Luton, LU2 8EL
Phone: 01582955817
Price Paid | Date |
---|---|
£80,500 | 5 Jun 1998 |
Semi-Detached |
Freehold |
Floor Area: 84 sq meters or 904 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 June 1998 the House Price Index for LUTON was 31.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 367.561%.Applying this 367.561% change to the original purchase price of £80,500 results in an estimated price of approximately £376,386.
5 Jun 1998 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
31.7 | 148.0 | 367.561 % | £80,500 | £295,886 | £376,386 |
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 | 407.982 % | £328,425 | £408,925 |
3 Month Average | 419.881 % | £338,004 | £418,504 |
6 Month Average | 398.552 % | £320,834 | £401,334 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £326,171 | £320,000 | 96 BUCKINGHAM DRIVE |
28 Jul 2023 | £345,771 | £342,500 | 13 BRILL CLOSE |
20 Jan 2023 | £341,996 | £345,000 | 23 BRILL CLOSE |
30 Sep 2022 | £426,809 | £432,000 | 45 HANDCROSS ROAD |
22 Jul 2022 | £229,690 | £230,000 | 5 HANDCROSS ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 1 Jun 2015. Using an estimated price of £376,386 means this house is valued at £4,480 per sq meter (£416 per sq foot).
The average size of a house on BRILL CLOSE is 97 sq meters (1,047 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other crime | Under investigation | On or near Polegate |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Polegate |
Mar 2024 | Anti-social behaviour | On or near Buckingham Drive | |
Mar 2024 | Anti-social behaviour | On or near Buckingham Drive | |
Apr 2024 | Other crime | Under investigation | On or near Oving Close |