£622,618
This estimated value is based upon the latest sale price for the house of £268,000 on 15 Jul 2003. 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 |
|---|---|
| £268,000 | 15 Jul 2003 |
| Detached |
| 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 July 2003 the House Price Index for LUTON was 64.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 132.320%.Applying this 132.320% change to the original purchase price of £268,000 results in an estimated price of approximately £622,618.
| 15 Jul 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 64.0 | 148.6 | 132.320 % | £268,000 | £354,618 | £622,618 |
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 | 123.576 % | £331,184 | £599,184 |
| 3 Month Average | 93.257 % | £249,929 | £517,929 |
| 6 Month Average | 120.367 % | £322,582 | £590,582 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2022 | £479,196 | £485,000 | 17 BINHAM CLOSE |
| 12 Aug 2022 | £418,872 | £420,000 | 80 BLAKENEY DRIVE |
| 9 Aug 2022 | £513,617 | £515,000 | 1 LANGHAM CLOSE |
| 30 May 2022 | £693,059 | £680,000 | 28 BLAKENEY DRIVE |
| 8 Apr 2022 | £395,443 | £384,000 | 9 WIVETON CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Langham Close |
| Feb 2024 | Anti-social behaviour | On or near Langham Close | |
| Feb 2024 | Anti-social behaviour | On or near Langham Close | |
| Mar 2024 | Anti-social behaviour | On or near Sheringham Close | |
| Mar 2024 | Anti-social behaviour | On or near Kelling Close |