£528,606
This estimated value is based upon the latest sale price for the house of £420,000 on 20 Jul 2017. 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 |
|---|---|
| £420,000 | 20 Jul 2017 |
| £188,000 | 26 Apr 2002 |
| £93,500 | 30 Aug 1996 |
| Detached |
| Freehold |
| Floor Area: 128 sq meters or 1,377 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 July 2017 the House Price Index for LUTON was 116.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 25.859%.Applying this 25.859% change to the original purchase price of £420,000 results in an estimated price of approximately £528,606.
| 20 Jul 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 146.7 | 25.859 % | £420,000 | £108,606 | £528,606 |
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 | 21.820 % | £91,645 | £511,645 |
| 3 Month Average | 18.935 % | £79,527 | £499,527 |
| 6 Month Average | 31.413 % | £131,936 | £551,936 |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 24 Feb 2017.
The average size of a house on STATHAM CLOSE is 133 sq meters (1,439 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | Under investigation | On or near Barton Road |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Barton Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Farrow Close |
| Dec 2023 | Burglary | Unable to prosecute suspect | On or near Danvers Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gatehill Gardens |