£161,867
This estimated value is based upon the latest sale price for the house of £126,500 on 1 Mar 2017. 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 |
|---|---|
| £126,500 | 1 Mar 2017 |
| £46,500 | 20 Sep 2001 |
| 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 March 2017 the House Price Index for LUTON was 114.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 27.959%.Applying this 27.959% change to the original purchase price of £126,500 results in an estimated price of approximately £161,867.
| 1 Mar 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 146.7 | 27.959 % | £126,500 | £35,367 | £161,867 |
The Postcode Pricing Model uses changes in average sales price within the LU2 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 | 14.596 % | £18,463 | £144,963 |
| 3 Month Average | 3.714 % | £4,698 | £131,198 |
| 6 Month Average | 14.809 % | £18,733 | £145,233 |
This house has a floor area of 31 sq meters or 333 sq feet when measured on 3 Nov 2016.
The average size of a house on CROMWELL HILL is 107 sq meters (1,161 sq feet).
This house is the smallest in the street with a floor area of 31 sq meters (333 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Cromwell Hill | |
| Feb 2024 | Anti-social behaviour | On or near Cromwell Hill | |
| Jan 2024 | Drugs | Awaiting court outcome | On or near Cromwell Hill |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cromwell Hill |
| Jan 2024 | Other theft | Under investigation | On or near Cromwell Hill |