£276,418
This estimated value is based upon the latest sale price for the house of £229,500 on 2 Mar 2020. 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 |
---|---|
£229,500 | 2 Mar 2020 |
£135,000 | 22 Jul 2011 |
£33,000 | 8 Oct 1996 |
Terraced |
Freehold |
Floor Area: 62 sq meters or 678 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 March 2020 the House Price Index for LUTON was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £229,500 results in an estimated price of approximately £276,418.
2 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.4 | 148.6 | 20.444 % | £229,500 | £46,918 | £276,418 |
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 | 26.547 % | £60,926 | £290,426 |
3 Month Average | -4.116 % | £-9,445 | £220,054 |
6 Month Average | 7.985 % | £18,325 | £247,825 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £182,705 | £180,000 | 16A WEST WAY |
28 Apr 2023 | £270,412 | £267,500 | 33 WEST WAY |
2 Feb 2022 | £321,949 | £307,000 | 23 WEST WAY |
10 Nov 2021 | £286,601 | £265,000 | 3 WEST WAY |
5 Nov 2021 | £378,524 | £349,995 | 11 ROCHESTER AVENUE |
This house has a floor area of 62 sq meters or 678 sq feet when measured on 25 Mar 2011. Using an estimated price of £276,418 means this house is valued at £4,388 per sq meter (£407 per sq foot).
The average size of a house on CHESFORD ROAD is 73 sq meters (790 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Anti-social behaviour | On or near Rochester Avenue | |
Dec 2023 | Anti-social behaviour | On or near Rochester Avenue | |
Dec 2023 | Anti-social behaviour | On or near Rochester Avenue | |
Dec 2023 | Anti-social behaviour | On or near Rochester Avenue |