£115,579
This estimated value is based upon the latest sale price for the house of £75,000 on 28 Sep 2007. 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 |
---|---|
£75,000 | 28 Sep 2007 |
£44,000 | 25 Jan 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 28 sq meters or 301 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 2007 the House Price Index for LUTON was 95.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 54.106%.Applying this 54.106% change to the original purchase price of £75,000 results in an estimated price of approximately £115,579.
28 Sep 2007 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.2 | 146.7 | 54.106 % | £75,000 | £40,579 | £115,579 |
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 | 74.321 % | £55,740 | £130,740 |
3 Month Average | 68.935 % | £51,701 | £126,701 |
6 Month Average | 86.925 % | £65,194 | £140,194 |
This house has a floor area of 28 sq meters or 301 sq feet when measured on 21 Jan 2020.
The average size of a house on STUDLEY ROAD is 65 sq meters (703 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Drugs | Unable to prosecute suspect | On or near Studley Road |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Studley Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Studley Road |
Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Studley Road |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Studley Road |