£626,366
This estimated value is based upon the latest sale price for the house of £518,000 on 24 Jul 2020. This value is then adjusted by the current Official House Price Index for CENTRAL BEDFORDSHIRE 1
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Cromer Way, Luton, LU2 7DB
Phone: 01582955220
| Price Paid | Date |
|---|---|
| £518,000 | 24 Jul 2020 |
| £345,000 | 2 Aug 2011 |
| £270,000 | 17 Aug 2009 |
| £270,000 | 17 Aug 2009 |
| Semi-Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for CENTRAL BEDFORDSHIRE to estimate the market value.
When this house was purchased in July 2020 the House Price Index for CENTRAL BEDFORDSHIRE was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £518,000 results in an estimated price of approximately £626,366.
| 24 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.6 | 20.920 % | £518,000 | £108,366 | £626,366 |
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 | 31.792 % | £164,682 | £682,682 |
| 3 Month Average | 13.646 % | £70,685 | £588,685 |
| 6 Month Average | 18.204 % | £94,296 | £612,296 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £272,939 | £270,000 | 21 SHARPENHOE ROAD |
| 25 Jan 2023 | £225,438 | £226,500 | 5 SHARPENHOE ROAD |
| 30 Nov 2022 | £270,721 | £274,000 | 9 SHARPENHOE ROAD |
| 13 Jul 2022 | £431,161 | £430,000 | 14 SHARPENHOE ROAD |
| 1 Apr 2022 | £335,200 | £325,500 | 15 BROOKEND DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Taylor Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Nicholls Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nicholls Close |