£148,814
This estimated value is based upon the latest sale price for the house of £110,000 on 27 May 2016. This value is then adjusted by the current Official House Price Index for LUTON 1
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1A Riddy Lane, Luton, LU3 2AD
Phone: 01582955943
| Price Paid | Date |
|---|---|
| £110,000 | 27 May 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 54 sq meters or 581 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 May 2016 the House Price Index for LUTON was 110.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 35.286%.Applying this 35.286% change to the original purchase price of £110,000 results in an estimated price of approximately £148,814.
| 27 May 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 149.7 | 35.286 % | £110,000 | £38,814 | £148,814 |
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 | 25.227 % | £27,749 | £137,749 |
| 3 Month Average | 28.944 % | £31,837 | £141,837 |
| 6 Month Average | 33.183 % | £36,500 | £146,500 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £347,336 | £342,000 | 130 BIRDSFOOT LANE |
| 9 Sep 2022 | £324,783 | £325,000 | 7 CATHERALL ROAD |
| 19 Jul 2022 | £272,733 | £270,000 | 45 DEWSBURY ROAD |
| 24 Mar 2022 | £250,544 | £240,000 | 3 MUSWELL CLOSE |
| 3 Feb 2022 | £150,017 | £142,000 | 1 LEYBURNE ROAD |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 11 May 2015. Using an estimated price of £148,814 means this house is valued at £2,755 per sq meter (£256 per sq foot).
The average size of a house on DEWSBURY ROAD is 74 sq meters (806 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Powell Close | |
| Apr 2024 | Anti-social behaviour | On or near Powell Close | |
| Apr 2024 | Anti-social behaviour | On or near Powell Close | |
| Apr 2024 | Anti-social behaviour | On or near Powell Close | |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Supermarket |