£118,235
This estimated value is based upon the latest sale price for the house of £80,000 on 3 Feb 2015. This value is then adjusted by the current Official House Price Index for LUTON 1
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19 Corncrake Close, Luton, LU2 8EL
Phone: 01582955817
Price Paid | Date |
---|---|
£80,000 | 3 Feb 2015 |
£70,000 | 8 Mar 2007 |
£63,000 | 23 Jul 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 30 sq meters or 322 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 February 2015 the House Price Index for LUTON was 100.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.794%.Applying this 47.794% change to the original purchase price of £80,000 results in an estimated price of approximately £118,235.
3 Feb 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.5 | 148.6 | 47.794 % | £80,000 | £38,235 | £118,235 |
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 | 51.174 % | £40,939 | £120,939 |
3 Month Average | 30.665 % | £24,531 | £104,531 |
6 Month Average | 44.258 % | £35,406 | £115,406 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £122,137 | £120,000 | 33 LINDSEY ROAD |
17 Mar 2023 | £111,046 | £110,000 | 47 LINDSAY ROAD |
20 Jan 2023 | £92,564 | £93,000 | 41 LINDSAY ROAD |
28 Sep 2022 | £174,590 | £176,000 | 18 ARDLEIGH GREEN |
29 Jul 2022 | £401,080 | £400,000 | 17 LAYHAM DRIVE |
This house has a floor area of 30 sq meters or 322 sq feet when measured on 29 Jul 2014. Using an estimated price of £118,235 means this house is valued at £3,941 per sq meter (£366 per sq foot).
The average size of a house on LAYHAM DRIVE is 64 sq meters (693 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Nayland Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Chelsworth Close |
Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Chelsworth Close |
Jan 2024 | Anti-social behaviour | On or near Felton Close | |
Jan 2024 | Anti-social behaviour | On or near Felton Close |