£429,169
This estimated value is based upon the latest sale price for the house of £400,000 on 28 Jun 2021. 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 |
---|---|
£400,000 | 28 Jun 2021 |
£370,000 | 3 May 2018 |
£315,000 | 1 Jun 2015 |
£230,000 | 4 Feb 2005 |
Detached |
Freehold |
Floor Area: 99 sq meters or 1,065 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 2021 the House Price Index for LUTON was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £400,000 results in an estimated price of approximately £429,169.
28 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 148.6 | 7.292 % | £400,000 | £29,169 | £429,169 |
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 | -3.476 % | £-13,905 | £386,094 |
3 Month Average | -7.310 % | £-29,240 | £370,759 |
6 Month Average | 5.811 % | £23,242 | £423,242 |
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 |
30 May 2022 | £693,059 | £680,000 | 28 BLAKENEY DRIVE |
8 Apr 2022 | £395,443 | £384,000 | 9 WIVETON CLOSE |
17 Mar 2022 | £362,687 | £349,995 | 2 SHERINGHAM CLOSE |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 8 Jan 2015. Using an estimated price of £429,170 means this house is valued at £4,335 per sq meter (£402 per sq foot).
The average size of a house on BLAKENEY DRIVE is 104 sq meters (1,128 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Sheringham Close | |
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 Walsingham Close |