£263,742
This estimated value is based upon the latest sale price for the house of £90,500 on 10 May 2002. 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 |
|---|---|
| £90,500 | 10 May 2002 |
| £56,500 | 1 Jun 1998 |
| Terraced |
| Freehold |
| Floor Area: 51 sq meters or 548 sq feet |
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 2002 the House Price Index for BEDFORDSHIRE was 51.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 191.428%.Applying this 191.428% change to the original purchase price of £90,500 results in an estimated price of approximately £263,742.
| 10 May 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 51.0 | 148.6 | 191.428 % | £90,500 | £173,242 | £263,742 |
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 | 205.320 % | £185,814 | £276,314 |
| 3 Month Average | 158.058 % | £143,042 | £233,542 |
| 6 Month Average | 193.345 % | £174,977 | £265,477 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Mar 2024 | £440,000 | £440,000 | 5 FURZE CLOSE |
| 25 Aug 2023 | £257,251 | £255,000 | 15 FURZE CLOSE |
| 14 Jul 2023 | £187,524 | £185,000 | 54 CROMER WAY |
| 12 Apr 2023 | £247,667 | £245,000 | 64 CROMER WAY |
| 29 Mar 2023 | £277,615 | £275,000 | 22 YATELY CLOSE |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 1 Jul 2017. Using an estimated price of £263,742 means this house is valued at £5,171 per sq meter (£480 per sq foot).
The average size of a house on CROMER WAY is 71 sq meters (772 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Yately Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Yately Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Yately Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Yately Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Yately Close |