£208,056
This estimated value is based upon the latest sale price for the house of £165,500 on 13 Dec 2017. 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 |
---|---|
£165,500 | 13 Dec 2017 |
£23,000 | 8 Jul 1999 |
£23,750 | 6 Nov 1996 |
£21,000 | 3 Nov 1995 |
£17,000 | 12 Sep 1995 |
Flats/Maisonettes |
Leasehold |
Floor Area: 62 sq meters or 667 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 2017 the House Price Index for LUTON was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £165,500 results in an estimated price of approximately £208,056.
13 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.2 | 148.6 | 25.714 % | £165,500 | £42,556 | £208,056 |
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 | 36.202 % | £59,913 | £225,413 |
3 Month Average | 12.078 % | £19,988 | £185,488 |
6 Month Average | 32.739 % | £54,182 | £219,682 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £101,295 | £100,000 | FLAT 7 DOWNTON COURT BROOK STREET |
26 Jul 2023 | £172,319 | £170,000 | 50 CROMWELL ROAD |
18 Nov 2022 | £242,068 | £245,000 | 90 CROMWELL ROAD |
9 Sep 2022 | £138,879 | £140,000 | FLAT 20 DOWNTON COURT BROOK STREET |
26 Aug 2022 | £239,356 | £240,000 | 5 HILLSIDE ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 30 Aug 2017. Using an estimated price of £208,057 means this house is valued at £3,355 per sq meter (£311 per sq foot).
The average size of a house on BROOK STREET is 56 sq meters (609 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Criminal damage and arson | Under investigation | On or near Hillside Road |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hillside Road |
Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Hillside Road |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hillside Road |
Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Hillside Road |