£281,872
This estimated value is based upon the latest sale price for the house of £228,500 on 3 Dec 2018. This value is then adjusted by the current Official House Price Index for LUTON 1
Get our free house price tracker.
1A Riddy Lane, Luton, LU3 2AD
Phone: 01582955943
| Price Paid | Date |
|---|---|
| £228,500 | 3 Dec 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 66 sq meters or 710 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 2018 the House Price Index for LUTON was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £228,500 results in an estimated price of approximately £281,872.
| 3 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.358 % | £228,500 | £53,372 | £281,872 |
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 | 42.643 % | £97,438 | £325,938 |
| 3 Month Average | 10.910 % | £24,930 | £253,430 |
| 6 Month Average | 28.074 % | £64,148 | £292,648 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £183,205 | £180,000 | 20 DUNCOMBE CLOSE |
| 31 Jul 2023 | £253,411 | £250,000 | 5 EAST HILL |
| 9 Sep 2022 | £322,397 | £325,000 | 7 CATHERALL ROAD |
| 19 Jul 2022 | £270,729 | £270,000 | 45 DEWSBURY ROAD |
| 24 Mar 2022 | £248,703 | £240,000 | 3 MUSWELL CLOSE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 22 Aug 2018. Using an estimated price of £281,873 means this house is valued at £4,270 per sq meter (£396 per sq foot).
The average size of a house on MUSWELL CLOSE is 102 sq meters (1,100 sq feet).
This house is the smallest in the street with a floor area of 66 sq meters (710 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Muswell Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Catherall Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Duncombe Close |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Duncombe Close |
| Mar 2024 | Anti-social behaviour | On or near Dewsbury Road |