£400,528
This estimated value is based upon the latest sale price for the house of £271,000 on 24 Oct 2014. 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 |
---|---|
£271,000 | 24 Oct 2014 |
Detached |
Freehold |
Floor Area: 162 sq meters or 1,743 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 2014 the House Price Index for LUTON was 99.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 47.796%.Applying this 47.796% change to the original purchase price of £271,000 results in an estimated price of approximately £400,528.
24 Oct 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.3 | 146.7 | 47.796 % | £271,000 | £129,528 | £400,528 |
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 | 65.198 % | £176,686 | £447,686 |
3 Month Average | 61.146 % | £165,706 | £436,706 |
6 Month Average | 78.170 % | £211,839 | £482,839 |
This house has a floor area of 162 sq meters or 1,743 sq feet when measured on 15 Aug 2014.
The average size of a house on MALZEARD ROAD is 70 sq meters (759 sq feet).
This house is the largest in the street with a floor area of 162 sq meters (1,743 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Malzeard Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Malzeard Road |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Malzeard Road |
Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Studley Road |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Studley Road |