£327,428
This estimated value is based upon the latest sale price for the house of £267,000 on 7 Oct 2019. 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 |
|---|---|
| £267,000 | 7 Oct 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 October 2019 the House Price Index for LUTON was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £267,000 results in an estimated price of approximately £327,428.
| 7 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £267,000 | £60,428 | £327,428 |
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 | 4.028 % | £10,754 | £277,754 |
| 3 Month Average | -6.213 % | £-16,589 | £250,410 |
| 6 Month Average | 10.413 % | £27,802 | £294,802 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Dec 2021 | £250,702 | £234,000 | 22 BIRLING DRIVE |
| 14 Oct 2021 | £307,601 | £278,000 | 128 CHESFORD ROAD |
| 15 Jan 2021 | £513,594 | £450,000 | 1 BOXGROVE CLOSE |
| 11 Dec 2020 | £401,700 | £350,000 | 46 BIRLING DRIVE |
| 1 Dec 2020 | £263,974 | £230,000 | 108 CHESFORD ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 16 Apr 2019. Using an estimated price of £327,428 means this house is valued at £4,547 per sq meter (£422 per sq foot).
The average size of a house on CHESFORD ROAD is 73 sq meters (790 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Rochester Avenue | |
| Dec 2023 | Anti-social behaviour | On or near Rochester Avenue | |
| Dec 2023 | Anti-social behaviour | On or near Rochester Avenue | |
| Dec 2023 | Anti-social behaviour | On or near Rochester Avenue | |
| Mar 2024 | Other crime | Under investigation | On or near Field End Close |