£402,207
This estimated value is based upon the latest sale price for the house of £315,000 on 22 Sep 2017. 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 |
---|---|
£315,000 | 22 Sep 2017 |
Semi-Detached |
Freehold |
Floor Area: 80 sq meters or 861 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 2017 the House Price Index for LUTON was 117.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.685%.Applying this 27.685% change to the original purchase price of £315,000 results in an estimated price of approximately £402,207.
22 Sep 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.2 | 149.7 | 27.685 % | £315,000 | £87,207 | £402,207 |
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 | 28.859 % | £90,905 | £405,905 |
3 Month Average | 18.085 % | £56,968 | £371,968 |
6 Month Average | 22.504 % | £70,887 | £385,887 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Oct 2023 | £390,878 | £382,000 | 165 TURNPIKE DRIVE |
28 Sep 2023 | £270,973 | £265,000 | 2 DRAY GARDENS |
23 Aug 2023 | £374,759 | £368,000 | 174 TURNPIKE DRIVE |
29 Mar 2023 | £381,369 | £375,000 | 248 TURNPIKE DRIVE |
7 Sep 2022 | £490,672 | £491,000 | 46 TURNPIKE DRIVE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 29 Aug 2017. Using an estimated price of £402,207 means this house is valued at £5,027 per sq meter (£467 per sq foot).
The average size of a house on DRAY GARDENS is 99 sq meters (1,074 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Dray Gardens |
May 2024 | Public order | Investigation complete; no suspect identified | On or near Dray Gardens |
May 2024 | Anti-social behaviour | On or near Dray Gardens | |
May 2024 | Anti-social behaviour | On or near Dray Gardens | |
May 2024 | Anti-social behaviour | On or near Dray Gardens |