£388,721
This estimated value is based upon the latest sale price for the house of £345,000 on 28 Jan 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 |
|---|---|
| £345,000 | 28 Jan 2021 |
| £223,000 | 29 Mar 2010 |
| £233,000 | 10 Jun 2005 |
| £140,000 | 5 Jul 2002 |
| £53,000 | 19 Jan 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 2021 the House Price Index for LUTON was 130.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 12.673%.Applying this 12.673% change to the original purchase price of £345,000 results in an estimated price of approximately £388,721.
| 28 Jan 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 130.2 | 146.7 | 12.673 % | £345,000 | £43,721 | £388,721 |
The Postcode Pricing Model uses changes in average sales price within the LU3 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 | 46.507 % | £160,449 | £505,449 |
| 3 Month Average | 8.735 % | £30,134 | £375,134 |
| 6 Month Average | 15.056 % | £51,944 | £396,944 |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 21 Jul 2020.
The average size of a house on MARKHAM ROAD is 122 sq meters (1,316 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Markham Road | |
| Feb 2024 | Anti-social behaviour | On or near Markham Road | |
| Jan 2024 | Anti-social behaviour | On or near Indigo Gardens | |
| Jan 2024 | Anti-social behaviour | On or near Indigo Gardens | |
| Jan 2024 | Anti-social behaviour | On or near Indigo Gardens |