£539,907
This estimated value is based upon the latest sale price for the house of £437,000 on 27 Jun 2019. 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 |
---|---|
£437,000 | 27 Jun 2019 |
Detached |
Freehold |
Floor Area: 152 sq meters or 1,636 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 June 2019 the House Price Index for LUTON was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £437,000 results in an estimated price of approximately £539,907.
27 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.549 % | £437,000 | £102,907 | £539,907 |
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 | 72.214 % | £315,575 | £752,575 |
3 Month Average | 16.126 % | £70,471 | £507,471 |
6 Month Average | 29.355 % | £128,279 | £565,279 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £139,281 | £137,500 | FLAT 40 BARONS COURT EARLS MEADE |
30 Aug 2022 | £504,642 | £506,000 | 116 NEW BEDFORD ROAD |
14 Apr 2022 | £180,215 | £175,000 | FLAT 22 BARONS COURT EARLS MEADE |
28 Mar 2022 | £165,802 | £160,000 | 25 BRAITHWAITE COURT MALZEARD ROAD |
17 Dec 2021 | £203,562 | £190,000 | FLAT 4 BARONS COURT EARLS MEADE |
This house has a floor area of 152 sq meters or 1,636 sq feet when measured on 6 Oct 2018. Using an estimated price of £539,908 means this house is valued at £3,552 per sq meter (£329 per sq foot).
The average size of a house on STUDLEY ROAD is 65 sq meters (703 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gregories Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Cromwell Road |
Mar 2024 | Anti-social behaviour | On or near Cromwell Road | |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Cromwell Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cromwell Road |