£712,820
This estimated value is based upon the latest sale price for the house of £695,000 on 11 Apr 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 |
|---|---|
| £695,000 | 11 Apr 2022 |
| £290,000 | 5 Oct 2007 |
| Detached |
| Freehold |
| Floor Area: 165 sq meters or 1,785 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 April 2022 the House Price Index for LUTON was 144.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 2.564%.Applying this 2.564% change to the original purchase price of £695,000 results in an estimated price of approximately £712,820.
| 11 Apr 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 148.0 | 2.564 % | £695,000 | £17,820 | £712,820 |
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 | 140.468 % | £976,250 | £1,671,250 |
| 3 Month Average | 3.216 % | £22,349 | £717,349 |
| 6 Month Average | 7.854 % | £54,583 | £749,583 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £181,719 | £180,000 | 23 FARROW CLOSE |
| 27 Mar 2023 | £398,757 | £395,000 | 44 CHARD DRIVE |
| 28 Feb 2023 | £333,423 | £335,000 | 399 TURNPIKE DRIVE |
| 27 Feb 2023 | £437,929 | £440,000 | 303 TURNPIKE DRIVE |
| 10 Feb 2023 | £746,469 | £750,000 | 276 BARTON ROAD |
This house has a floor area of 165 sq meters or 1,785 sq feet when measured on 8 Sep 2010. Using an estimated price of £712,820 means this house is valued at £4,296 per sq meter (£399 per sq foot).
The average size of a house on BARTON ROAD is 149 sq meters (1,604 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 |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Turnpike Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Turnpike Drive |