£492,225
This estimated value is based upon the latest sale price for the house of £400,000 on 5 Aug 2019. This value is then adjusted by the current Official House Price Index for LUTON 1
Get our free house price tracker.
19 Corncrake Close, Luton, LU2 8EL
Phone: 01582955817
| Price Paid | Date |
|---|---|
| £400,000 | 5 Aug 2019 |
| £227,000 | 20 Jun 2003 |
| Detached |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 August 2019 the House Price Index for LUTON was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £400,000 results in an estimated price of approximately £492,225.
| 5 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.6 | 23.056 % | £400,000 | £92,225 | £492,225 |
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 | 2.183 % | £8,731 | £408,731 |
| 3 Month Average | -2.723 % | £-10,892 | £389,107 |
| 6 Month Average | 13.361 % | £53,442 | £453,442 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £290,298 | £286,000 | 26 COLWELL RISE |
| 21 Jul 2023 | £288,888 | £285,000 | 16 LINBRIDGE WAY |
| 3 Nov 2022 | £316,170 | £320,000 | 14 LINBRIDGE WAY |
| 31 Aug 2022 | £388,953 | £390,000 | 31 COLWELL RISE |
| 12 Apr 2022 | £360,430 | £350,000 | 25 COLWELL RISE |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 1 Dec 2015. Using an estimated price of £492,226 means this house is valued at £4,067 per sq meter (£377 per sq foot).
The average size of a house on COLWELL RISE is 83 sq meters (899 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beanley Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Beanley Close |
| Feb 2024 | Possession of weapons | Under investigation | On or near Belsham Place |
| Feb 2024 | Drugs | Under investigation | On or near Belsham Place |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Belsham Place |