£431,037
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 86.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.415%.Applying this 72.415% change to the original purchase price of £250,000 results in an estimated price of approximately £431,037.
| 22 Dec 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.8 | 149.7 | 72.415 % | £250,000 | £181,037 | £431,037 |
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 | 218.225 % | £545,561 | £795,561 |
| 3 Month Average | 85.361 % | £213,401 | £463,401 |
| 6 Month Average | 85.202 % | £213,004 | £463,004 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Oct 2023 | £276,275 | £270,000 | 3 FARROW CLOSE |
| 29 Sep 2023 | £414,129 | £405,000 | 13 DANVERS DRIVE |
| 10 Feb 2023 | £755,044 | £750,000 | 276 BARTON ROAD |
| 11 Jul 2022 | £297,986 | £295,000 | 24 FARROW CLOSE |
| 11 Apr 2022 | £721,008 | £695,000 | 198 BARTON ROAD |
This house has a floor area of 113 sq meters or 1,218 sq feet when measured on 5 Oct 2009. Using an estimated price of £431,037 means this house is valued at £3,806 per sq meter (£353 per sq foot).
The average size of a house on STATHAM CLOSE is 133 sq meters (1,439 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Statham Close | |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Statham Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Barton Road |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Farrow Close |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Farrow Close |