£204,250
This estimated value is based upon the latest sale price for the house of £89,500 on 22 Sep 2003. This value is then adjusted by the current Official House Price Index for LUTON 1
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19 Corncrake Close, Luton, LU2 8EL
Phone: 01582955817
| Price Paid | Date |
|---|---|
| £89,500 | 22 Sep 2003 |
| £46,000 | 4 Feb 2000 |
| £30,000 | 12 Dec 1997 |
| £28,000 | 12 Jan 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 35 sq meters or 376 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 2003 the House Price Index for LUTON was 65.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 128.213%.Applying this 128.213% change to the original purchase price of £89,500 results in an estimated price of approximately £204,250.
| 22 Sep 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 65.1 | 148.6 | 128.213 % | £89,500 | £114,750 | £204,250 |
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 | 115.468 % | £103,343 | £192,843 |
| 3 Month Average | 89.184 % | £79,820 | £169,320 |
| 6 Month Average | 112.572 % | £100,751 | £190,251 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £274,057 | £270,000 | 14 NAYLAND CLOSE |
| 10 Nov 2023 | £238,531 | £235,000 | 2 KEEBLE CLOSE |
| 29 Jun 2023 | £167,023 | £165,000 | 7 NAYLAND CLOSE |
| 17 Mar 2023 | £111,046 | £110,000 | 47 LINDSAY ROAD |
| 27 Jan 2023 | £286,650 | £288,000 | 5 NAYLAND CLOSE |
This house has a floor area of 35 sq meters or 376 sq feet when measured on 16 Jan 2014. Using an estimated price of £204,251 means this house is valued at £5,835 per sq meter (£542 per sq foot).
The average size of a house on NAYLAND CLOSE is 53 sq meters (576 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Nayland Close |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Mar 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Supermarket |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Supermarket |