£239,335
This estimated value is based upon the latest sale price for the house of £165,000 on 30 Apr 2015. This value is then adjusted by the current Official House Price Index for BEDFORDSHIRE 1
There has been one burglary within the last year on or near Cromer Way
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Cromer Way, Luton, LU2 7DB
Phone: 01582955220
| Price Paid | Date |
|---|---|
| £165,000 | 30 Apr 2015 |
| £144,500 | 21 Apr 2006 |
| £88,000 | 3 Jul 2002 |
| £49,500 | 30 Sep 1996 |
| Terraced |
| Freehold |
| Floor Area: 53 sq meters or 570 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 April 2015 the House Price Index for BEDFORDSHIRE was 101.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 45.052%.Applying this 45.052% change to the original purchase price of £165,000 results in an estimated price of approximately £239,335.
| 30 Apr 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 146.7 | 45.052 % | £165,000 | £74,335 | £239,335 |
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 | 41.081 % | £67,783 | £232,783 |
| 3 Month Average | 29.346 % | £48,420 | £213,420 |
| 6 Month Average | 44.415 % | £73,285 | £238,285 |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 6 Oct 2014.
The average size of a house on FARMBROOK is 64 sq meters (692 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Cromer Way |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Furze Close |
| Mar 2024 | Vehicle crime | Under investigation | On or near Furze Close |
| Jan 2024 | Anti-social behaviour | On or near Furze Close | |
| Jan 2024 | Anti-social behaviour | On or near Furze Close |