£487,990
This estimated value is based upon the latest sale price for the house of £350,000 on 17 Dec 2015. This value is then adjusted by the current Official House Price Index for CENTRAL BEDFORDSHIRE 1
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Cromer Way, Luton, LU2 7DB
Phone: 01582955220
| Price Paid | Date |
|---|---|
| £350,000 | 17 Dec 2015 |
| £156,000 | 19 Dec 2011 |
| Semi-Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for CENTRAL BEDFORDSHIRE to estimate the market value.
When this house was purchased in December 2015 the House Price Index for CENTRAL BEDFORDSHIRE was 107.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 39.426%.Applying this 39.426% change to the original purchase price of £350,000 results in an estimated price of approximately £487,990.
| 17 Dec 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 149.7 | 39.426 % | £350,000 | £137,990 | £487,990 |
The Postcode Pricing Model uses changes in average sales price within the MK45 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 | 13.876 % | £48,566 | £398,566 |
| 3 Month Average | 18.588 % | £65,056 | £415,056 |
| 6 Month Average | 32.324 % | £113,134 | £463,134 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £345,305 | £340,000 | 28 NORMAN ROAD |
| 8 Mar 2024 | £474,795 | £467,500 | 33 NORMAN ROAD |
| 3 Nov 2023 | £376,559 | £367,000 | 5 NORMAN ROAD |
| 1 Sep 2023 | £452,986 | £443,000 | 56 NORMAN ROAD |
| 5 Jun 2023 | £321,442 | £315,000 | 4 SAXON CRESCENT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near York Close |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near King William Close |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near King William Close |
| Apr 2024 | Vehicle crime | Under investigation | On or near King William Close |
| Apr 2024 | Other crime | Under investigation | On or near King William Close |