£232,995
This estimated value is based upon the latest sale price for the house of £135,000 on 21 Apr 2011. 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 |
|---|---|
| £135,000 | 21 Apr 2011 |
| Semi-Detached |
| Freehold |
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 April 2011 the House Price Index for LUTON was 86.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.589%.Applying this 72.589% change to the original purchase price of £135,000 results in an estimated price of approximately £232,995.
| 21 Apr 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.7 | 149.7 | 72.589 % | £135,000 | £97,995 | £232,995 |
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 | 107.638 % | £145,311 | £280,311 |
| 3 Month Average | 85.544 % | £115,485 | £250,485 |
| 6 Month Average | 82.545 % | £111,435 | £246,435 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 May 2024 | £304,000 | £304,000 | 14 SANDALWOOD CLOSE |
| 21 Mar 2024 | £228,511 | £225,000 | 1 THE CREST |
| 11 Oct 2023 | £486,039 | £475,000 | 288 ICKNIELD WAY |
| 29 Sep 2023 | £306,762 | £300,000 | 30 GOOSEBERRY HILL |
| 12 Sep 2023 | £291,424 | £285,000 | 4 THE KIPLINGS GOOSEBERRY HILL |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sandalwood Close |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near St Olam'S Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near St Olam'S Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Olam'S Close |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near St Olam'S Close |