£348,115
This estimated value is based upon the latest sale price for the house of £282,500 on 29 Nov 2018. This value is then adjusted by the current Official House Price Index for BEDFORDSHIRE 1
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Cromer Way, Luton, LU2 7DB
Phone: 01582955220
Price Paid | Date |
---|---|
£282,500 | 29 Nov 2018 |
£168,000 | 8 Nov 2013 |
£58,000 | 30 Nov 1995 |
Semi-Detached |
Freehold |
Floor Area: 66 sq meters or 710 sq feet |
This model uses changes in the Official Land Registry House Price Index for BEDFORDSHIRE to estimate the market value.
When this house was purchased in November 2018 the House Price Index for BEDFORDSHIRE was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £282,500 results in an estimated price of approximately £348,115.
29 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 148.6 | 23.227 % | £282,500 | £65,615 | £348,115 |
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 | 5.364 % | £15,153 | £297,653 |
3 Month Average | -2.741 % | £-7,742 | £274,757 |
6 Month Average | 5.048 % | £14,261 | £296,761 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Sep 2023 | £384,922 | £380,000 | 40 WARDEN HILL ROAD |
13 Jul 2023 | £364,911 | £360,000 | 17 HILLCREST AVENUE |
6 Apr 2023 | £303,265 | £300,000 | 2 WARDEN HILL GARDENS |
7 Jul 2022 | £292,788 | £292,000 | 61 WARDEN HILL ROAD |
29 Apr 2022 | £422,218 | £410,000 | 6 CHAPEL CLOSE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 26 Jul 2013. Using an estimated price of £348,115 means this house is valued at £5,274 per sq meter (£490 per sq foot).
The average size of a house on WARDEN HILL ROAD is 90 sq meters (968 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Warden Hill Close |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Warden Hill Gardens |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Warden Hill Gardens |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Warden Hill Gardens |
Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Hillcrest Avenue |