£431,734
This estimated value is based upon the latest sale price for the house of £200,000 on 5 Jan 2004. 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 |
|---|---|
| £200,000 | 5 Jan 2004 |
| Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 January 2004 the House Price Index for LUTON was 69.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 115.867%.Applying this 115.867% change to the original purchase price of £200,000 results in an estimated price of approximately £431,734.
| 5 Jan 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 69.3 | 149.7 | 115.867 % | £200,000 | £231,734 | £431,734 |
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 | 301.876 % | £603,752 | £803,752 |
| 3 Month Average | 130.543 % | £261,085 | £461,085 |
| 6 Month Average | 129.469 % | £258,938 | £458,938 |
| 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 88 sq meters or 947 sq feet when measured on 14 Jun 2021. Using an estimated price of £431,734 means this house is valued at £4,906 per sq meter (£455 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 |