£355,802
This estimated value is based upon the latest sale price for the house of £285,000 on 20 Jul 2018. 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 |
---|---|
£285,000 | 20 Jul 2018 |
£210,000 | 31 Jul 2015 |
£144,000 | 5 Sep 2003 |
Semi-Detached |
Freehold |
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 July 2018 the House Price Index for BEDFORDSHIRE was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £285,000 results in an estimated price of approximately £355,802.
20 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.9 | 149.7 | 24.843 % | £285,000 | £70,802 | £355,802 |
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 | 31.310 % | £89,234 | £374,234 |
3 Month Average | 1.194 % | £3,402 | £288,402 |
6 Month Average | 15.349 % | £43,745 | £328,745 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 May 2024 | £350,000 | £350,000 | 120 NORMAN ROAD |
10 Oct 2022 | £413,618 | £415,000 | 30 HASTINGS ROAD |
17 May 2022 | £544,177 | £530,000 | 1 CROMWELL ROAD |
21 Jan 2022 | £487,691 | £460,000 | 2 MANOR ROAD |
7 Dec 2021 | £566,637 | £525,000 | 5 MANOR ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Churchill Road |
May 2024 | Other theft | Under investigation | On or near Lime Close |
May 2024 | Other crime | Unable to prosecute suspect | On or near Grays Close |
May 2024 | Other crime | Unable to prosecute suspect | On or near Grays Close |
May 2024 | Anti-social behaviour | On or near Cromwell Road |