£599,786
This estimated value is based upon the latest sale price for the house of £106,500 on 17 Nov 1995. 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 |
|---|---|
| £106,500 | 17 Nov 1995 |
| Detached |
| Freehold |
| Floor Area: 118 sq meters or 1,270 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 November 1995 the House Price Index for LUTON was 26.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 463.180%.Applying this 463.180% change to the original purchase price of £106,500 results in an estimated price of approximately £599,786.
| 17 Nov 1995 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.0 | 146.7 | 463.180 % | £106,500 | £493,286 | £599,786 |
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 | 505.404 % | £538,255 | £644,755 |
| 3 Month Average | 492.741 % | £524,769 | £631,269 |
| 6 Month Average | 530.082 % | £564,537 | £671,037 |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 3 Oct 2016.
The average size of a house on FERNHEATH is 106 sq meters (1,141 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Barleyvale |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Ryefield |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |