£443,201
This estimated value is based upon the latest sale price for the house of £315,000 on 30 Oct 2015. This value is then adjusted by the current Official House Price Index for LUTON 1
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32 Cromwell Road, Luton, LU3 1DN
Phone: 01582955982
| Price Paid | Date |
|---|---|
| £315,000 | 30 Oct 2015 |
| £83,000 | 31 Jan 1997 |
| Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 October 2015 the House Price Index for LUTON was 105.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 40.699%.Applying this 40.699% change to the original purchase price of £315,000 results in an estimated price of approximately £443,201.
| 30 Oct 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 148.6 | 40.699 % | £315,000 | £128,201 | £443,201 |
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 | 78.295 % | £246,630 | £561,630 |
| 3 Month Average | 32.883 % | £103,582 | £418,582 |
| 6 Month Average | 59.240 % | £186,606 | £501,606 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Feb 2023 | £199,866 | £200,000 | 32 THE LARCHES |
| 27 Jan 2023 | £199,062 | £200,000 | 28 THE LARCHES |
| 30 Aug 2022 | £504,642 | £506,000 | 116 NEW BEDFORD ROAD |
| 19 Aug 2022 | £221,903 | £222,500 | 72 THE SHIRES |
| 29 Apr 2022 | £195,662 | £190,000 | 67 THE LARCHES |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 23 Mar 2015. Using an estimated price of £443,201 means this house is valued at £4,616 per sq meter (£428 per sq foot).
The average size of a house on NEW BEDFORD ROAD is 115 sq meters (1,239 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Cromwell Hill |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cromwell Hill |
| Feb 2024 | Anti-social behaviour | On or near Cromwell Hill | |
| Feb 2024 | Anti-social behaviour | On or near Cromwell Hill | |
| Feb 2024 | Anti-social behaviour | On or near Cromwell Hill |