£187,363
This estimated value is based upon the latest sale price for the house of £111,000 on 22 Feb 2013. This value is then adjusted by the current Official House Price Index for LUTON 1
There have been two burglaries within the last year on or near The Shires
More crime details
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32 Cromwell Road, Luton, LU3 1DN
Phone: 01582955982
| Price Paid | Date |
|---|---|
| £111,000 | 22 Feb 2013 |
| Flats/Maisonettes |
| Leasehold |
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 February 2013 the House Price Index for LUTON was 88.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 68.796%.Applying this 68.796% change to the original purchase price of £111,000 results in an estimated price of approximately £187,363.
| 22 Feb 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 148.6 | 68.796 % | £111,000 | £76,363 | £187,363 |
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 | 72.558 % | £80,538 | £191,538 |
| 3 Month Average | 45.525 % | £50,532 | £161,532 |
| 6 Month Average | 62.581 % | £69,465 | £180,465 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Feb 2023 | £199,866 | £200,000 | 32 THE LARCHES |
| 19 Aug 2022 | £221,903 | £222,500 | 72 THE SHIRES |
| 29 Apr 2022 | £195,662 | £190,000 | 67 THE LARCHES |
| 4 Mar 2022 | £186,527 | £180,000 | 64 THE LARCHES |
| 19 Nov 2021 | £140,597 | £130,000 | 73 THE SHIRES |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Shires |
| Mar 2024 | Burglary | Unable to prosecute suspect | On or near The Shires |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near The Shires |
| Feb 2024 | Anti-social behaviour | On or near The Shires | |
| Feb 2024 | Anti-social behaviour | On or near The Shires |