£325,313
This estimated value is based upon the latest sale price for the house of £191,000 on 27 Sep 2006. 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 |
|---|---|
| £191,000 | 27 Sep 2006 |
| £250,000 | 29 Apr 2004 |
| £125,000 | 30 Jan 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 151 sq meters or 1,625 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 September 2006 the House Price Index for LUTON was 87.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.321%.Applying this 70.321% change to the original purchase price of £191,000 results in an estimated price of approximately £325,313.
| 27 Sep 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 148.6 | 70.321 % | £191,000 | £134,313 | £325,313 |
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 | 138.905 % | £265,308 | £456,308 |
| 3 Month Average | 73.276 % | £139,957 | £330,957 |
| 6 Month Average | 100.104 % | £191,199 | £382,199 |
| 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 |
| 28 Oct 2022 | £165,221 | £167,000 | 8 BROOK COURT BROOK STREET |
| 26 Aug 2022 | £239,356 | £240,000 | 5 HILLSIDE ROAD |
| 27 Apr 2022 | £283,195 | £275,000 | 69 CROMWELL ROAD |
This house has a floor area of 151 sq meters or 1,625 sq feet when measured on 31 Oct 2017. Using an estimated price of £325,313 means this house is valued at £2,154 per sq meter (£200 per sq foot).
The average size of a house on CROMWELL ROAD is 95 sq meters (1,026 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 | Investigation complete; no suspect identified | On or near Hillside Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hillside Road |