£438,144
This estimated value is based upon the latest sale price for the house of £250,000 on 22 Dec 2010. 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 |
---|---|
£250,000 | 22 Dec 2010 |
£138,500 | 24 Sep 1999 |
£93,000 | 28 Jun 1996 |
Detached |
Freehold |
Floor Area: 113 sq meters or 1,218 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 December 2010 the House Price Index for LUTON was 58.2.
The House Price Index as of 1 Apr 2025 is 102.0 which is a change of 75.258%.Applying this 75.258% change to the original purchase price of £250,000 results in an estimated price of approximately £438,144.
22 Dec 2010 | 1 Apr 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
58.2 | 102.0 | 75.258 % | £250,000 | £188,144 | £438,144 |
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 | 108.017 % | £270,042 | £520,042 |
3 Month Average | 82.634 % | £206,584 | £456,584 |
6 Month Average | 84.159 % | £210,398 | £460,398 |
This house has a floor area of 113 sq meters or 1,218 sq feet when measured on 5 Oct 2009.
The average size of a house on STATHAM CLOSE is 133 sq meters (1,439 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2025 | Anti-social behaviour | On or near Statham Close | |
Jan 2025 | Anti-social behaviour | On or near Statham Close | |
Jan 2025 | Anti-social behaviour | On or near Statham Close | |
Jan 2025 | Anti-social behaviour | On or near Statham Close | |
Mar 2025 | Other crime | Under investigation | On or near Milburn Close |