£423,803
This estimated value is based upon the latest sale price for the house of £250,000 on 30 Jan 2013. This value is then adjusted by the current Official House Price Index for LUTON 1
Get our free house price tracker.
Cromer Way, Luton, LU2 7DB
Phone: 01582955220
Price Paid | Date |
---|---|
£250,000 | 30 Jan 2013 |
Detached |
Freehold |
Floor Area: 97 sq meters or 1,044 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 January 2013 the House Price Index for LUTON was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.521%.Applying this 69.521% change to the original purchase price of £250,000 results in an estimated price of approximately £423,803.
30 Jan 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.7 | 148.6 | 69.521 % | £250,000 | £173,803 | £423,803 |
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 | 64.620 % | £161,550 | £411,550 |
3 Month Average | 45.199 % | £112,997 | £362,997 |
6 Month Average | 62.775 % | £156,936 | £406,936 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Nov 2022 | £479,196 | £485,000 | 17 BINHAM CLOSE |
12 Aug 2022 | £418,872 | £420,000 | 80 BLAKENEY DRIVE |
30 May 2022 | £693,059 | £680,000 | 28 BLAKENEY DRIVE |
8 Apr 2022 | £395,443 | £384,000 | 9 WIVETON CLOSE |
17 Mar 2022 | £362,687 | £349,995 | 2 SHERINGHAM CLOSE |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 19 Nov 2012. Using an estimated price of £423,803 means this house is valued at £4,369 per sq meter (£405 per sq foot).
The average size of a house on BLAKENEY DRIVE is 104 sq meters (1,128 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Sheringham Close | |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Langham Close |
Feb 2024 | Anti-social behaviour | On or near Langham Close | |
Feb 2024 | Anti-social behaviour | On or near Langham Close | |
Mar 2024 | Anti-social behaviour | On or near Walsingham Close |