£314,269
This estimated value is based upon the latest sale price for the house of £252,500 on 7 Jun 2019. 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 |
---|---|
£252,500 | 7 Jun 2019 |
£187,500 | 18 Jul 2008 |
£155,000 | 14 Aug 2006 |
£63,000 | 29 Nov 1996 |
Semi-Detached |
Freehold |
Floor Area: 70 sq meters or 753 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 June 2019 the House Price Index for BEDFORDSHIRE was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.463%.Applying this 24.463% change to the original purchase price of £252,500 results in an estimated price of approximately £314,269.
7 Jun 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.463 % | £252,500 | £61,769 | £314,269 |
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 | 16.973 % | £42,855 | £295,355 |
3 Month Average | 31.613 % | £79,821 | £332,321 |
6 Month Average | 22.134 % | £55,889 | £308,389 |
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 70 sq meters or 753 sq feet when measured on 8 Jan 2014. Using an estimated price of £314,270 means this house is valued at £4,489 per sq meter (£417 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 |