7, CROMER WAY, LUTON, LU2 7EE - £410,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 CROMER WAY is a small extended detached house of 91m², built sometime between 1983 and 1990, which could now be worth an estimated £407,118. It was last sold for £410,000 in March 2023, which was around 14% below the average March 2023 detached price in the Luton local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.

7 CROMER WAY Sold Prices

Land registry data shows one sale for 7 CROMER WAY since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Luton local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 30 MAR	£410,000	£475,829	14% below HPI

What might 7 CROMER WAY be worth now?

7 CROMER WAY might now be worth an estimated £407,118.

This is based on house price deflation of 0.7%, between March 2023 and April 2026, for detached houses, in the Luton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.7% deflationary decrease is applied to the most recent sale price for 7 CROMER WAY of £410,000 on 30th March 2023. For the value to have decreased from £410,000 to £407,118 over the two years and eleven months to April 2026, the following assumptions must hold true:

• The value of 7 CROMER WAY has moved in line with the HPI for detached houses in the Luton local authority area.
• The March 2023 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 7 CROMER WAY has not materially changed since March 2023.

How Large is 7 CROMER WAY?

7 CROMER WAY is 91m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the smallest 30% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 7 CROMER WAY lies on this distribution: 27% of detached houses are smaller than 7 CROMER WAY, and 72% of detached houses are larger. Note that EPC data is not available for all properties in Luton.

7 CROMER WAY: Plot

7 CROMER WAY sits on a plot of roughly 0.068 of an acre, or 274m².

Where is 7 CROMER WAY?

7 CROMER WAY is located in LUTON, in the LU2 postcode district.