£331,210
This estimated value is based upon the latest sale price for the house of £200,000 on 13 Sep 2013. 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 |
---|---|
£200,000 | 13 Sep 2013 |
£88,000 | 12 Apr 1995 |
Detached |
Freehold |
Floor Area: 77 sq meters or 828 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 September 2013 the House Price Index for LUTON was 90.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 65.605%.Applying this 65.605% change to the original purchase price of £200,000 results in an estimated price of approximately £331,210.
13 Sep 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
90.4 | 149.7 | 65.605 % | £200,000 | £131,210 | £331,210 |
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 | 85.487 % | £170,974 | £370,974 |
3 Month Average | 63.719 % | £127,438 | £327,438 |
6 Month Average | 67.612 % | £135,224 | £335,224 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Oct 2023 | £383,715 | £375,000 | 17 POPLAR AVENUE |
31 Mar 2023 | £320,350 | £315,000 | 23 POPLAR AVENUE |
7 Mar 2023 | £371,199 | £365,000 | 107 GOOSEBERRY HILL |
28 Nov 2022 | £398,138 | £400,000 | 133 GOOSEBERRY HILL |
15 Jul 2022 | £378,796 | £375,000 | 7 WELBURY AVENUE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 24 May 2013. Using an estimated price of £331,210 means this house is valued at £4,301 per sq meter (£399 per sq foot).
The average size of a house on GRASMERE ROAD is 100 sq meters (1,079 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Anti-social behaviour | On or near Grasmere Road | |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Grasmere Road |
May 2024 | Anti-social behaviour | On or near Grasmere Road | |
May 2024 | Anti-social behaviour | On or near Grasmere Road | |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Poplar Avenue |