£320,598
This estimated value is based upon the latest sale price for the house of £186,000 on 12 Dec 2011. 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 |
|---|---|
| £186,000 | 12 Dec 2011 |
| £162,000 | 22 Jan 2007 |
| £59,500 | 26 Jul 2002 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 December 2011 the House Price Index for LUTON was 86.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.365%.Applying this 72.365% change to the original purchase price of £186,000 results in an estimated price of approximately £320,598.
| 12 Dec 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 148.6 | 72.365 % | £186,000 | £134,598 | £320,598 |
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 | 76.202 % | £141,735 | £327,735 |
| 3 Month Average | 48.631 % | £90,454 | £276,454 |
| 6 Month Average | 66.137 % | £123,015 | £309,015 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jul 2023 | £364,911 | £360,000 | 17 HILLCREST AVENUE |
| 6 Apr 2023 | £303,265 | £300,000 | 2 WARDEN HILL GARDENS |
| 1 Aug 2022 | £274,262 | £275,000 | 70 LINKS WAY |
| 22 Jul 2022 | £310,837 | £310,000 | 109 LINKS WAY |
| 15 Jul 2022 | £265,715 | £265,000 | 8 KELLING CLOSE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 16 Dec 2013. Using an estimated price of £320,599 means this house is valued at £4,274 per sq meter (£397 per sq foot).
The average size of a house on LINKS WAY is 85 sq meters (919 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Links Way |
| Dec 2023 | Anti-social behaviour | On or near Links Way | |
| Dec 2023 | Anti-social behaviour | On or near Links Way | |
| Dec 2023 | Anti-social behaviour | On or near Links Way | |
| Dec 2023 | Anti-social behaviour | On or near Links Way |