£347,698
This estimated value is based upon the latest sale price for the house of £205,000 on 15 Jun 2012. This value is then adjusted by the current Official House Price Index for CENTRAL BEDFORDSHIRE 1
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Cromer Way, Luton, LU2 7DB
Phone: 01582955220
| Price Paid | Date |
|---|---|
| £205,000 | 15 Jun 2012 |
| £225,000 | 30 Oct 2006 |
| £142,000 | 17 Dec 2001 |
| Detached |
| Freehold |
| Floor Area: 77 sq meters or 831 sq feet |
This model uses changes in the Official Land Registry House Price Index for CENTRAL BEDFORDSHIRE to estimate the market value.
When this house was purchased in June 2012 the House Price Index for CENTRAL BEDFORDSHIRE was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.609%.Applying this 69.609% change to the original purchase price of £205,000 results in an estimated price of approximately £347,698.
| 15 Jun 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 148.6 | 69.609 % | £205,000 | £142,698 | £347,698 |
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 | 62.452 % | £128,027 | £333,027 |
| 3 Month Average | 47.571 % | £97,519 | £302,519 |
| 6 Month Average | 67.321 % | £138,008 | £343,008 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £367,451 | £363,000 | 18 WISEMAN CLOSE |
| 27 May 2022 | £366,914 | £360,000 | 30 BROADACRES |
| 11 Feb 2022 | £174,083 | £166,000 | 52 FARMBROOK |
| 16 Nov 2021 | £621,870 | £575,000 | 15 INGRAM GARDENS |
| 29 Sep 2021 | £521,016 | £483,500 | 3 SAFFRON CLOSE |
This house has a floor area of 77 sq meters or 831 sq feet when measured on 12 Jan 2012. Using an estimated price of £347,699 means this house is valued at £4,499 per sq meter (£417 per sq foot).
The average size of a house on SAFFRON CLOSE is 110 sq meters (1,184 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 |