£317,054
This estimated value is based upon the latest sale price for the house of £198,500 on 6 Jan 2014. 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 |
|---|---|
| £198,500 | 6 Jan 2014 |
| £167,300 | 24 Oct 2007 |
| £90,000 | 31 Jan 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 70 sq meters or 753 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 January 2014 the House Price Index for LUTON was 93.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.725%.Applying this 59.725% change to the original purchase price of £198,500 results in an estimated price of approximately £317,054.
| 6 Jan 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 148.6 | 59.725 % | £198,500 | £118,554 | £317,054 |
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 | 63.622 % | £126,289 | £324,789 |
| 3 Month Average | 43.890 % | £87,122 | £285,622 |
| 6 Month Average | 64.671 % | £128,372 | £326,872 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £384,922 | £380,000 | 40 WARDEN HILL ROAD |
| 6 Apr 2023 | £303,265 | £300,000 | 2 WARDEN HILL GARDENS |
| 1 Aug 2022 | £274,262 | £275,000 | 70 LINKS WAY |
| 22 Jul 2022 | £310,837 | £310,000 | 109 LINKS WAY |
| 7 Jul 2022 | £292,788 | £292,000 | 61 WARDEN HILL ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 25 Aug 2012. Using an estimated price of £317,055 means this house is valued at £4,529 per sq meter (£420 per sq foot).
The average size of a house on LINKS WAY is 85 sq meters (919 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Parking Area |
| Mar 2024 | Anti-social behaviour | On or near Parking Area | |
| Feb 2024 | Anti-social behaviour | On or near Parking Area | |
| Feb 2024 | Anti-social behaviour | On or near Parking Area | |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Parking Area |