£424,354
This estimated value is based upon the latest sale price for the house of £415,000 on 1 Sep 2023. 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 |
|---|---|
| £415,000 | 1 Sep 2023 |
| £250,000 | 24 Aug 2012 |
| £142,000 | 28 Jan 2000 |
| £102,000 | 23 May 1996 |
| Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,066 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 September 2023 the House Price Index for LUTON was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £415,000 results in an estimated price of approximately £424,354.
| 1 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £415,000 | £9,354 | £424,354 |
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 | 58.384 % | £242,295 | £657,295 |
| 3 Month Average | 8.536 % | £35,423 | £450,423 |
| 6 Month Average | 5.467 % | £22,688 | £437,688 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £412,681 | £400,000 | 1 CHARNDON CLOSE |
| 1 Sep 2023 | £424,355 | £415,000 | 4 DALTON CLOSE |
| 9 Sep 2022 | £581,611 | £582,000 | 8 LAUNTON CLOSE |
| 2 Sep 2022 | £400,732 | £401,000 | 18 CHARNDON CLOSE |
| 20 May 2022 | £429,610 | £418,418 | 9 LAUNTON CLOSE |
This house has a floor area of 99 sq meters or 1,066 sq feet when measured on 29 Nov 2011. Using an estimated price of £424,355 means this house is valued at £4,282 per sq meter (£397 per sq foot).
The average size of a house on DALTON CLOSE is 119 sq meters (1,289 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Dalton Close |
| Aug 2024 | Possession of weapons | Unable to prosecute suspect | On or near Milburn Close |
| Aug 2024 | Vehicle crime | Unable to prosecute suspect | On or near Milburn Close |
| Jul 2024 | Anti-social behaviour | On or near Gatehill Gardens | |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gatehill Gardens |