£278,152
This estimated value is based upon the latest sale price for the house of £223,000 on 23 May 2018. This value is then adjusted by the current Official House Price Index for LUTON 1
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Cromer Way, Luton, LU2 7DB
Phone: 01582955220
| Price Paid | Date |
|---|---|
| £223,000 | 23 May 2018 |
| £195,000 | 17 Jul 2015 |
| £150,000 | 6 Jan 2012 |
| £158,000 | 10 Oct 2007 |
| £56,500 | 21 Nov 1997 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 773 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 May 2018 the House Price Index for LUTON was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £223,000 results in an estimated price of approximately £278,152.
| 23 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 148.6 | 24.732 % | £223,000 | £55,152 | £278,152 |
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 | -18.240 % | £-40,674 | £182,325 |
| 3 Month Average | 11.733 % | £26,163 | £249,163 |
| 6 Month Average | 22.197 % | £49,498 | £272,498 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £430,504 | £425,000 | 44 DEXTER CLOSE |
| 30 Jun 2023 | £222,698 | £220,000 | 39 EDGCOTT CLOSE |
| 13 Jun 2023 | £136,655 | £135,000 | 71 DEXTER CLOSE |
| 11 Jul 2022 | £155,418 | £155,000 | 48 DEXTER CLOSE |
| 28 Feb 2022 | £298,878 | £285,000 | 7 DEXTER CLOSE |
This house has a floor area of 71 sq meters or 773 sq feet when measured on 4 Nov 2011. Using an estimated price of £278,152 means this house is valued at £3,869 per sq meter (£359 per sq foot).
The average size of a house on DEXTER CLOSE is 65 sq meters (705 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Dexter Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Dexter Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dexter Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Quantock Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Quantock Close |