£182,442
This estimated value is based upon the latest sale price for the house of £125,000 on 1 May 2015. 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 |
|---|---|
| £125,000 | 1 May 2015 |
| £95,500 | 30 Jun 2003 |
| £62,500 | 25 Jun 2001 |
| £58,500 | 16 Jun 2000 |
| Terraced |
| Freehold |
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 2015 the House Price Index for LUTON was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £125,000 results in an estimated price of approximately £182,442.
| 1 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 148.6 | 45.954 % | £125,000 | £57,442 | £182,442 |
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 | 64.201 % | £80,251 | £205,251 |
| 3 Month Average | 35.598 % | £44,497 | £169,497 |
| 6 Month Average | 46.273 % | £57,841 | £182,841 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 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 |
| 16 Nov 2021 | £621,870 | £575,000 | 15 INGRAM GARDENS |
| 30 Sep 2021 | £274,786 | £255,000 | 10 YATELY CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Yately Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Yately Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | 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 |