£274,112
This estimated value is based upon the latest sale price for the house of £175,000 on 6 Jun 2007. 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 |
---|---|
£175,000 | 6 Jun 2007 |
Semi-Detached |
Freehold |
Floor Area: 74 sq meters or 796 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 June 2007 the House Price Index for LUTON was 93.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 56.636%.Applying this 56.636% change to the original purchase price of £175,000 results in an estimated price of approximately £274,112.
6 Jun 2007 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.7 | 146.7 | 56.636 % | £175,000 | £99,112 | £274,112 |
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 | 71.337 % | £124,839 | £299,839 |
3 Month Average | 50.851 % | £88,988 | £263,988 |
6 Month Average | 69.201 % | £121,102 | £296,102 |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 22 Jun 2016.
The average size of a house on LESBURY CLOSE is 66 sq meters (712 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Tanfield Green | |
Feb 2024 | Anti-social behaviour | On or near Tanfield Green | |
Feb 2024 | Drugs | Under investigation | On or near Belsham Place |
Feb 2024 | Possession of weapons | Under investigation | On or near Belsham Place |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Belsham Place |