£464,628
This estimated value is based upon the latest sale price for the house of £316,000 on 29 May 2015. This value is then adjusted by the current Official House Price Index for CENTRAL BEDFORDSHIRE 1
Get our free house price tracker.
Cromer Way, Luton, LU2 7DB
Phone: 01582955220
| Price Paid | Date |
|---|---|
| £316,000 | 29 May 2015 |
| Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,173 sq feet |
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 May 2015 the House Price Index for CENTRAL BEDFORDSHIRE was 101.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 47.034%.Applying this 47.034% change to the original purchase price of £316,000 results in an estimated price of approximately £464,628.
| 29 May 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 149.7 | 47.034 % | £316,000 | £148,628 | £464,628 |
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 | 64.377 % | £203,431 | £519,431 |
| 3 Month Average | 67.459 % | £213,171 | £529,171 |
| 6 Month Average | 58.411 % | £184,579 | £500,579 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £660,142 | £650,000 | 47 CROMER WAY |
| 14 Mar 2024 | £446,866 | £440,000 | 5 FURZE CLOSE |
| 24 Nov 2023 | £282,162 | £275,000 | 16 FURZE CLOSE |
| 25 Aug 2023 | £259,684 | £255,000 | 15 FURZE CLOSE |
| 12 Apr 2023 | £249,670 | £245,000 | 64 CROMER WAY |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 23 May 2014. Using an estimated price of £464,629 means this house is valued at £4,262 per sq meter (£396 per sq foot).
The average size of a house on CROMER WAY is 71 sq meters (772 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Furze Close |
| Jul 2024 | Public order | Under investigation | 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 | |
| May 2024 | Violence and sexual offences | Under investigation | On or near Thornage Close |