£140,698
This estimated value is based upon the latest sale price for the house of £82,000 on 26 Feb 2010. 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 |
|---|---|
| £82,000 | 26 Feb 2010 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 56 sq meters or 606 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 February 2010 the House Price Index for LUTON was 87.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.583%.Applying this 71.583% change to the original purchase price of £82,000 results in an estimated price of approximately £140,698.
| 26 Feb 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 149.7 | 71.583 % | £82,000 | £58,698 | £140,698 |
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 | 91.512 % | £75,039 | £157,039 |
| 3 Month Average | 79.551 % | £65,231 | £147,231 |
| 6 Month Average | 78.800 % | £64,616 | £146,616 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Nov 2022 | £110,483 | £111,000 | FLAT 4 STATELY COURT, 29 - 31 STUDLEY ROAD |
| 4 Apr 2022 | £134,865 | £130,000 | FLAT 8 STATELY COURT, 29 - 31 STUDLEY ROAD |
| 28 Mar 2022 | £167,029 | £160,000 | 25 BRAITHWAITE COURT MALZEARD ROAD |
| 11 Feb 2022 | £143,678 | £136,000 | FLAT 5 37 STUDLEY ROAD |
| 9 Aug 2021 | £177,572 | £158,000 | 15 BRAITHWAITE COURT MALZEARD ROAD |
This house has a floor area of 56 sq meters or 606 sq feet when measured on 29 Jul 2009. Using an estimated price of £140,698 means this house is valued at £2,495 per sq meter (£231 per sq foot).
The average size of a house on MALZEARD ROAD is 70 sq meters (759 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Malzeard Road |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Malzeard Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Studley Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Studley Road |
| Jun 2024 | Anti-social behaviour | On or near Studley Road |