£218,542
This estimated value is based upon the latest sale price for the house of £140,000 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 |
---|---|
£140,000 | 28 Sep 2007 |
£130,000 | 30 Apr 2004 |
£56,000 | 16 Mar 2001 |
Flats/Maisonettes |
Leasehold |
Floor Area: 67 sq meters or 721 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 Mar 2024 is 148.6 which is a change of 56.101%.Applying this 56.101% change to the original purchase price of £140,000 results in an estimated price of approximately £218,542.
28 Sep 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.2 | 148.6 | 56.101 % | £140,000 | £78,542 | £218,542 |
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 % | £104,049 | £244,049 |
3 Month Average | 68.935 % | £96,508 | £236,508 |
6 Month Average | 86.925 % | £121,695 | £261,695 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £139,281 | £137,500 | FLAT 40 BARONS COURT EARLS MEADE |
30 Aug 2022 | £504,642 | £506,000 | 116 NEW BEDFORD ROAD |
14 Apr 2022 | £180,215 | £175,000 | FLAT 22 BARONS COURT EARLS MEADE |
17 Dec 2021 | £203,562 | £190,000 | FLAT 4 BARONS COURT EARLS MEADE |
29 Sep 2021 | £187,501 | £174,000 | FLAT 58 BARONS COURT EARLS MEADE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 10 Jul 2014. Using an estimated price of £218,542 means this house is valued at £3,261 per sq meter (£303 per sq foot).
The average size of a house on NEW BEDFORD ROAD is 115 sq meters (1,239 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gregories Close |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Gregories Close |
Dec 2023 | Anti-social behaviour | On or near Gregories Close | |
Dec 2023 | Anti-social behaviour | On or near Gregories Close | |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Gregories Close |