£302,398
This estimated value is based upon the latest sale price for the house of £235,000 on 15 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 |
|---|---|
| £235,000 | 15 May 2017 |
| £123,000 | 11 Feb 2005 |
| Terraced |
| Freehold |
| Floor Area: 61 sq meters or 656 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 £235,000 results in an estimated price of approximately £302,398.
| 15 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 148.6 | 28.680 % | £235,000 | £67,398 | £302,398 |
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 % | £39,369 | £274,369 |
| 3 Month Average | 5.214 % | £12,251 | £247,251 |
| 6 Month Average | 15.961 % | £37,508 | £272,508 |
| 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 61 sq meters or 656 sq feet when measured on 11 Feb 2019. Using an estimated price of £302,399 means this house is valued at £4,957 per sq meter (£460 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 |