£199,371
This estimated value is based upon the latest sale price for the house of £122,000 on 15 Dec 2006. 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 |
---|---|
£122,000 | 15 Dec 2006 |
£35,500 | 13 Jul 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 51 sq meters or 555 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 December 2006 the House Price Index for LUTON was 89.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 63.419%.Applying this 63.419% change to the original purchase price of £122,000 results in an estimated price of approximately £199,371.
15 Dec 2006 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
89.8 | 146.7 | 63.419 % | £122,000 | £77,371 | £199,371 |
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 | 73.233 % | £89,344 | £211,344 |
3 Month Average | 55.639 % | £67,879 | £189,879 |
6 Month Average | 73.474 % | £89,637 | £211,637 |
This house has a floor area of 51 sq meters or 555 sq feet when measured on 5 May 2010.
The average size of a house on EARLS MEADE is 49 sq meters (536 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Drugs | Under investigation | On or near Earls Meade |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Earls Meade |
Jan 2024 | Anti-social behaviour | On or near Earls Meade | |
Jan 2024 | Anti-social behaviour | On or near Earls Meade | |
Jan 2024 | Anti-social behaviour | On or near Earls Meade |