£198,347
This estimated value is based upon the latest sale price for the house of £190,000 on 7 Mar 2022. This value is then adjusted by the current Official House Price Index for BEDFORDSHIRE 1
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Cromer Way, Luton, LU2 7DB
Phone: 01582955220
| Price Paid | Date |
|---|---|
| £190,000 | 7 Mar 2022 |
| £115,000 | 16 Jul 2015 |
| £44,000 | 23 Jul 1999 |
| Terraced |
| Freehold |
| Floor Area: 42 sq meters or 452 sq feet |
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 March 2022 the House Price Index for BEDFORDSHIRE was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £190,000 results in an estimated price of approximately £198,347.
| 7 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 149.7 | 4.393 % | £190,000 | £8,347 | £198,347 |
The Postcode Pricing Model uses changes in average sales price within the LU2 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 | 2.106 % | £4,002 | £194,002 |
| 3 Month Average | 13.715 % | £26,058 | £216,058 |
| 6 Month Average | 7.184 % | £13,648 | £203,648 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jun 2024 | £437,500 | £437,500 | 5 HANWORTH CLOSE |
| 27 Mar 2024 | £660,142 | £650,000 | 47 CROMER WAY |
| 31 Aug 2023 | £534,643 | £525,000 | 45 CROMER WAY |
| 30 Mar 2023 | £416,963 | £410,000 | 7 CROMER WAY |
| 4 Jan 2023 | £288,772 | £288,000 | 73 CROMER WAY |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 15 Apr 2015. Using an estimated price of £198,347 means this house is valued at £4,722 per sq meter (£438 per sq foot).
The average size of a house on CROMER WAY is 71 sq meters (772 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hanworth Close |
| Jul 2024 | Public order | Under investigation | On or near Furze Close |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Furze Close |
| Jun 2024 | Anti-social behaviour | On or near Furze Close | |
| Jun 2024 | Anti-social behaviour | On or near Furze Close |