£341,778
This estimated value is based upon the latest sale price for the house of £159,500 on 28 Jan 2004. 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 |
|---|---|
| £159,500 | 28 Jan 2004 |
| £76,495 | 20 Mar 1997 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 742 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 January 2004 the House Price Index for BEDFORDSHIRE was 69.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 114.281%.Applying this 114.281% change to the original purchase price of £159,500 results in an estimated price of approximately £341,778.
| 28 Jan 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 69.3 | 148.6 | 114.281 % | £159,500 | £182,278 | £341,778 |
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 | 107.455 % | £171,390 | £330,890 |
| 3 Month Average | 82.374 % | £131,386 | £290,886 |
| 6 Month Average | 106.314 % | £169,571 | £329,071 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £367,451 | £363,000 | 18 WISEMAN CLOSE |
| 22 Jun 2023 | £280,396 | £277,000 | 9 LAVENDER CLOSE |
| 11 Mar 2022 | £305,697 | £295,000 | 32 CHALKDOWN |
| 1 Feb 2022 | £576,782 | £550,000 | 17 LAVENDER CLOSE |
| 7 Dec 2021 | £273,201 | £255,000 | 50 CHALKDOWN |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 12 Dec 2018. Using an estimated price of £341,778 means this house is valued at £4,953 per sq meter (£460 per sq foot).
The average size of a house on WISEMAN CLOSE is 75 sq meters (812 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Wiseman Close |
| Mar 2024 | Other theft | Under investigation | On or near Thyme 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 |