£111,197
This estimated value is based upon the latest sale price for the house of £90,000 on 8 Nov 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 |
|---|---|
| £90,000 | 8 Nov 2019 |
| £30,000 | 10 Nov 2000 |
| £13,000 | 24 Jan 1997 |
| £12,000 | 2 Dec 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 31 sq meters or 333 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 November 2019 the House Price Index for LUTON was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £90,000 results in an estimated price of approximately £111,197.
| 8 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £90,000 | £21,197 | £111,197 |
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 | 94.801 % | £85,320 | £175,320 |
| 3 Month Average | 20.653 % | £18,587 | £108,587 |
| 6 Month Average | 21.365 % | £19,228 | £109,228 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Nov 2022 | £243,860 | £245,000 | 90 CROMWELL ROAD |
| 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 |
| 11 Feb 2022 | £143,678 | £136,000 | FLAT 5 37 STUDLEY ROAD |
| 28 Jan 2022 | £307,458 | £290,000 | 56 CROMWELL ROAD |
This house has a floor area of 31 sq meters or 333 sq feet when measured on 9 Jun 2017. Using an estimated price of £111,197 means this house is valued at £3,587 per sq meter (£333 per sq foot).
The average size of a house on STUDLEY ROAD is 65 sq meters (703 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Studley Road |
| Oct 2024 | Robbery | Under investigation | On or near Studley Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Studley Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Studley Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Malzeard Road |