£1,037,736
This estimated value is based upon the latest sale price for the house of £840,000 on 24 Oct 2019. This value is then adjusted by the current Official House Price Index for BEDFORDSHIRE 1
Get our free house price tracker.
Cromer Way, Luton, LU2 7DB
Phone: 01582955220
| Price Paid | Date |
|---|---|
| £840,000 | 24 Oct 2019 |
| £375,000 | 5 Mar 1999 |
| Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for BEDFORDSHIRE to estimate the market value.
When this house was purchased in October 2019 the House Price Index for BEDFORDSHIRE was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £840,000 results in an estimated price of approximately £1,037,736.
| 24 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £840,000 | £197,736 | £1,037,736 |
The Postcode Pricing Model uses changes in average sales price within the MK45 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 | 37.236 % | £312,784 | £1,152,784 |
| 3 Month Average | 21.232 % | £178,352 | £1,018,352 |
| 6 Month Average | 16.602 % | £139,454 | £979,454 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Oct 2024 | £480,000 | £480,000 | 56 WASHBROOK CLOSE |
| 27 Mar 2024 | £860,216 | £847,000 | 7 OLD ROAD |
| 23 Jun 2023 | £433,691 | £425,000 | 8 ORCHARD CLOSE |
| 4 Nov 2022 | £532,510 | £535,000 | 34 WASHBROOK CLOSE |
| 26 Nov 2021 | £621,026 | £570,000 | 3 ORCHARD CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other crime | Under investigation | On or near Washbrook Close |
| Oct 2024 | Anti-social behaviour | On or near Old Road | |
| Oct 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Old Road |
| Aug 2024 | Anti-social behaviour | On or near Old Road | |
| Aug 2024 | Anti-social behaviour | On or near Old Road |