£327,717
This estimated value is based upon the latest sale price for the house of £312,500 on 28 Feb 2022. 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 |
|---|---|
| £312,500 | 28 Feb 2022 |
| £233,000 | 18 Dec 2009 |
| £109,500 | 31 Mar 1999 |
| Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 February 2022 the House Price Index for LUTON was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £312,500 results in an estimated price of approximately £327,717.
| 28 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.6 | 4.869 % | £312,500 | £15,217 | £327,717 |
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 | 46.906 % | £146,580 | £459,080 |
| 3 Month Average | 0.292 % | £913 | £313,413 |
| 6 Month Average | 13.203 % | £41,258 | £353,758 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2023 | £317,996 | £315,000 | 23 POPLAR AVENUE |
| 9 Jan 2023 | £378,218 | £380,000 | 45 DERWENT AVENUE |
| 28 Nov 2022 | £395,213 | £400,000 | 133 GOOSEBERRY HILL |
| 15 Jul 2022 | £376,012 | £375,000 | 7 WELBURY AVENUE |
| 27 Jun 2022 | £405,734 | £400,000 | 34A POPLAR AVENUE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 20 May 2014. Using an estimated price of £327,717 means this house is valued at £4,369 per sq meter (£405 per sq foot).
The average size of a house on GOOSEBERRY HILL is 83 sq meters (897 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Grasmere Road | |
| Jan 2024 | Anti-social behaviour | On or near Grasmere Road | |
| Jan 2024 | Anti-social behaviour | On or near Grasmere Road | |
| Jan 2024 | Anti-social behaviour | On or near Grasmere Road | |
| Jan 2024 | Anti-social behaviour | On or near Grasmere Road |