£203,566
This estimated value is based upon the latest sale price for the house of £95,000 on 16 Jan 2004. 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 |
|---|---|
| £95,000 | 16 Jan 2004 |
| £90,000 | 29 Nov 2002 |
| £38,500 | 26 Jun 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 56 sq meters or 602 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 January 2004 the House Price Index for LUTON was 69.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 114.281%.Applying this 114.281% change to the original purchase price of £95,000 results in an estimated price of approximately £203,566.
| 16 Jan 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 69.3 | 148.6 | 114.281 % | £95,000 | £108,566 | £203,566 |
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 | 107.455 % | £102,081 | £197,081 |
| 3 Month Average | 82.374 % | £78,255 | £173,255 |
| 6 Month Average | 106.314 % | £100,998 | £195,998 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Mar 2023 | £489,613 | £485,000 | 28 RYLANDS HEATH |
| 3 Mar 2023 | £509,803 | £505,000 | 8 PERRYMEAD |
| 30 Jun 2022 | £208,446 | £205,500 | 110 HEDLEY RISE |
| 6 May 2022 | £186,667 | £183,150 | 116 HEDLEY RISE |
| 8 Apr 2022 | £494,304 | £480,000 | 52 RYLANDS HEATH |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 20 Nov 2015. Using an estimated price of £203,567 means this house is valued at £3,635 per sq meter (£337 per sq foot).
The average size of a house on HEDLEY RISE is 54 sq meters (587 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lennox Green |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Cutlers Green |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cutlers Green |
| Jan 2024 | Other theft | Under investigation | On or near Cutlers Green |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cutlers Green |