£331,995
This estimated value is based upon the latest sale price for the house of £258,000 on 12 May 2017. 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 |
|---|---|
| £258,000 | 12 May 2017 |
| Semi-Detached |
| 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 May 2017 the House Price Index for LUTON was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £258,000 results in an estimated price of approximately £331,995.
| 12 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 148.6 | 28.680 % | £258,000 | £73,995 | £331,995 |
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 | 16.753 % | £43,222 | £301,222 |
| 3 Month Average | 5.214 % | £13,450 | £271,450 |
| 6 Month Average | 15.961 % | £41,179 | £299,179 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £325,699 | £320,000 | 96 BUCKINGHAM DRIVE |
| 29 Sep 2023 | £359,598 | £355,000 | 110 BUCKINGHAM DRIVE |
| 29 Sep 2023 | £389,986 | £385,000 | 54 BUCKINGHAM DRIVE |
| 31 Jul 2023 | £380,116 | £375,000 | 24 OVING CLOSE |
| 28 Oct 2022 | £358,638 | £362,500 | 52 BUCKINGHAM DRIVE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 1 Feb 2017. Using an estimated price of £331,995 means this house is valued at £4,426 per sq meter (£411 per sq foot).
The average size of a house on BUCKINGHAM DRIVE is 90 sq meters (971 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oving Close |
| Mar 2024 | Anti-social behaviour | On or near Buckingham Drive |