£429,610
This estimated value is based upon the latest sale price for the house of £418,418 on 20 May 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 |
|---|---|
| £418,418 | 20 May 2022 |
| £106,000 | 30 Jul 1999 |
| 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 May 2022 the House Price Index for BEDFORDSHIRE was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £418,418 results in an estimated price of approximately £429,610.
| 20 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £418,418 | £11,192 | £429,610 |
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 | -16.506 % | £-69,063 | £349,354 |
| 3 Month Average | 13.793 % | £57,711 | £476,129 |
| 6 Month Average | 5.342 % | £22,352 | £440,770 |
| 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 |
| 30 Jun 2023 | £224,499 | £220,000 | 39 EDGCOTT CLOSE |
| 9 Sep 2022 | £581,611 | £582,000 | 8 LAUNTON CLOSE |
| 2 Sep 2022 | £400,732 | £401,000 | 18 CHARNDON CLOSE |
| 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 |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elvington Gardens |
| Jul 2024 | Anti-social behaviour | On or near Gatehill Gardens |