£560,186
This estimated value is based upon the latest sale price for the house of £325,000 on 9 Dec 2011. This value is then adjusted by the current Official House Price Index for LUTON 1
There has been one burglary within the last year on or near Studley Road
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32 Cromwell Road, Luton, LU3 1DN
Phone: 01582955982
| Price Paid | Date |
|---|---|
| £325,000 | 9 Dec 2011 |
| £300,000 | 19 Oct 2007 |
| Detached |
| Freehold |
| Floor Area: 193 sq meters or 2,077 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 December 2011 the House Price Index for LUTON was 86.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.365%.Applying this 72.365% change to the original purchase price of £325,000 results in an estimated price of approximately £560,186.
| 9 Dec 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 148.6 | 72.365 % | £325,000 | £235,186 | £560,186 |
The Postcode Pricing Model uses changes in average sales price within the LU3 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 | 151.854 % | £493,526 | £818,526 |
| 3 Month Average | 75.031 % | £243,849 | £568,849 |
| 6 Month Average | 96.318 % | £313,034 | £638,034 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jul 2023 | £172,319 | £170,000 | 50 CROMWELL ROAD |
| 18 Nov 2022 | £242,068 | £245,000 | 90 CROMWELL ROAD |
| 4 Apr 2022 | £133,874 | £130,000 | FLAT 8 STATELY COURT, 29 - 31 STUDLEY ROAD |
| 11 Feb 2022 | £142,622 | £136,000 | FLAT 5 37 STUDLEY ROAD |
| 28 Jan 2022 | £305,198 | £290,000 | 56 CROMWELL ROAD |
This house has a floor area of 193 sq meters or 2,077 sq feet when measured on 18 Nov 2013. Using an estimated price of £560,186 means this house is valued at £2,902 per sq meter (£269 per sq foot).
The average size of a house on STUDLEY ROAD is 65 sq meters (703 sq feet).
This house is the largest in the street with a floor area of 193 sq meters (2,077 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Studley Road |
| Apr 2024 | Burglary | Under investigation | On or near Studley Road |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Studley Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Studley Road |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Studley Road |