£116,953
This estimated value is based upon the latest sale price for the house of £115,000 on 3 Mar 2023. This value is then adjusted by the current Official House Price Index for LUTON 1
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19 Corncrake Close, Luton, LU2 8EL
Phone: 01582955817
Price Paid | Date |
---|---|
£115,000 | 3 Mar 2023 |
£24,000 | 30 Oct 1997 |
Terraced |
Leasehold |
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 March 2023 the House Price Index for LUTON was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £115,000 results in an estimated price of approximately £116,953.
3 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.2 | 149.7 | 1.698 % | £115,000 | £1,953 | £116,953 |
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 | 3.489 % | £4,012 | £119,012 |
3 Month Average | 11.082 % | £12,744 | £127,744 |
6 Month Average | 7.145 % | £8,217 | £123,217 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Sep 2023 | £194,283 | £190,000 | 161 TELSCOMBE WAY |
3 Mar 2023 | £116,953 | £115,000 | 182 TELSCOMBE WAY |
30 Aug 2022 | £187,879 | £187,000 | 184 TELSCOMBE WAY |
20 Jun 2022 | £358,667 | £351,000 | 125 TELSCOMBE WAY |
28 Apr 2022 | £126,565 | £122,000 | 8 WALTHAM COURT COWDRAY CLOSE |
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Other theft | Investigation complete; no suspect identified | On or near Cowdray Close |
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Cowdray Close |
Jul 2024 | Anti-social behaviour | On or near Telscombe Way | |
Jun 2024 | Anti-social behaviour | On or near Eastfield Close | |
Jun 2024 | Anti-social behaviour | On or near Eastfield Close |