£310,985
This estimated value is based upon the latest sale price for the house of £250,000 on 27 Jun 2018. 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 |
|---|---|
| £250,000 | 27 Jun 2018 |
| £200,000 | 20 Aug 2004 |
| £112,000 | 8 Sep 1999 |
| £72,000 | 4 Nov 1996 |
| Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 June 2018 the House Price Index for BEDFORDSHIRE was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £250,000 results in an estimated price of approximately £310,985.
| 27 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £250,000 | £60,985 | £310,985 |
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 | 6.382 % | £15,954 | £265,954 |
| 3 Month Average | -7.402 % | £-18,505 | £231,494 |
| 6 Month Average | 7.719 % | £19,297 | £269,297 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Jun 2023 | £280,396 | £277,000 | 9 LAVENDER CLOSE |
| 16 Jun 2023 | £313,801 | £310,000 | 10 CHALKDOWN |
| 30 Jun 2022 | £337,266 | £332,500 | 45 CHALKDOWN |
| 11 Mar 2022 | £305,697 | £295,000 | 32 CHALKDOWN |
| 1 Feb 2022 | £576,782 | £550,000 | 17 LAVENDER CLOSE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 7 Jun 2018. Using an estimated price of £310,986 means this house is valued at £3,987 per sq meter (£370 per sq foot).
The average size of a house on LAVENDER CLOSE is 108 sq meters (1,168 sq feet).
This house is the smallest in the street with a floor area of 78 sq meters (839 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Thyme Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Wiseman Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chalkdown |
| Dec 2023 | Anti-social behaviour | On or near Chalkdown | |
| Dec 2023 | Anti-social behaviour | On or near Chalkdown |