£252,860
This estimated value is based upon the latest sale price for the house of £185,000 on 15 Jan 2016. 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 |
|---|---|
| £185,000 | 15 Jan 2016 |
| £143,000 | 18 Oct 2013 |
| £142,000 | 12 Apr 2010 |
| £154,000 | 7 Dec 2007 |
| £140,000 | 10 Mar 2006 |
| £121,000 | 13 Apr 2001 |
| £46,000 | 14 Dec 1995 |
| £47,500 | 28 Feb 1995 |
| Terraced |
| Freehold |
| Floor Area: 48 sq meters or 516 sq feet |
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 January 2016 the House Price Index for CENTRAL BEDFORDSHIRE was 108.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 36.681%.Applying this 36.681% change to the original purchase price of £185,000 results in an estimated price of approximately £252,860.
| 15 Jan 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 148.0 | 36.681 % | £185,000 | £67,860 | £252,860 |
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 | 29.337 % | £54,273 | £239,273 |
| 3 Month Average | 30.824 % | £57,024 | £242,024 |
| 6 Month Average | 28.396 % | £52,531 | £237,531 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Mar 2024 | £441,492 | £440,000 | 5 FURZE CLOSE |
| 25 Aug 2023 | £256,560 | £255,000 | 15 FURZE CLOSE |
| 14 Jul 2023 | £186,767 | £185,000 | 54 CROMER WAY |
| 12 Apr 2023 | £246,835 | £245,000 | 64 CROMER WAY |
| 29 Mar 2023 | £276,495 | £275,000 | 22 YATELY CLOSE |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 12 May 2013. Using an estimated price of £252,860 means this house is valued at £5,267 per sq meter (£489 per sq foot).
The average size of a house on CROMER WAY is 71 sq meters (772 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Yately Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Yately Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Yately Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Yately Close |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Thornage Close |