£708,714
This estimated value is based upon the latest sale price for the house of £575,000 on 17 Feb 2020. This value is then adjusted by the current Official House Price Index for BEDFORDSHIRE 1
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Cromer Way, Luton, LU2 7DB
Phone: 01582955220
| Price Paid | Date |
|---|---|
| £575,000 | 17 Feb 2020 |
| £87,000 | 26 Jan 1996 |
| Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for BEDFORDSHIRE to estimate the market value.
When this house was purchased in February 2020 the House Price Index for BEDFORDSHIRE was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £575,000 results in an estimated price of approximately £708,714.
| 17 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £575,000 | £133,714 | £708,714 |
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 | 37.611 % | £216,260 | £791,260 |
| 3 Month Average | 16.819 % | £96,707 | £671,707 |
| 6 Month Average | 16.878 % | £97,049 | £672,049 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Nov 2023 | £256,511 | £250,000 | 102 BEDFORD ROAD |
| 14 Jun 2023 | £346,953 | £340,000 | 19 STUART ROAD |
| 20 Jan 2023 | £340,911 | £340,000 | 32 STUART ROAD |
| 9 Aug 2022 | £291,362 | £290,000 | 104 BEDFORD ROAD |
| 29 Mar 2022 | £360,157 | £345,000 | 5 CHURCHILL ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Bedford Road | |
| Sep 2024 | Anti-social behaviour | On or near Bedford Road | |
| Oct 2024 | Anti-social behaviour | On or near Burr Close | |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cromwell Road |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Harris Court |