£209,613
This estimated value is based upon the latest sale price for the house of £140,000 on 14 Nov 2014. 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 |
|---|---|
| £140,000 | 14 Nov 2014 |
| £110,000 | 29 Oct 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 November 2014 the House Price Index for LUTON was 99.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.724%.Applying this 49.724% change to the original purchase price of £140,000 results in an estimated price of approximately £209,613.
| 14 Nov 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 148.6 | 49.724 % | £140,000 | £69,613 | £209,613 |
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 | 139.253 % | £194,954 | £334,954 |
| 3 Month Average | 61.459 % | £86,043 | £226,043 |
| 6 Month Average | 82.146 % | £115,003 | £255,003 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £183,205 | £180,000 | 20 DUNCOMBE CLOSE |
| 29 Sep 2023 | £287,678 | £284,000 | 121 WODECROFT ROAD |
| 6 Sep 2023 | £288,691 | £285,000 | 41 WODECROFT ROAD |
| 24 Apr 2023 | £262,830 | £260,000 | 129 WODECROFT ROAD |
| 30 Mar 2023 | £302,853 | £300,000 | 70 WODECROFT ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 29 Aug 2012. Using an estimated price of £209,614 means this house is valued at £2,952 per sq meter (£274 per sq foot).
The average size of a house on BIRDSFOOT LANE is 85 sq meters (922 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Drugs | Under investigation | On or near Birdsfoot Lane |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Birdsfoot Lane |
| Mar 2024 | Possession of weapons | Under investigation | On or near Birdsfoot Lane |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Halyard Close |
| Jan 2024 | Anti-social behaviour | On or near Wodecroft Road |