£217,854
This estimated value is based upon the latest sale price for the house of £48,500 on 30 Apr 1999. 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 |
|---|---|
| £48,500 | 30 Apr 1999 |
| £25,000 | 7 Jun 1996 |
| Terraced |
| Freehold |
| Floor Area: 62 sq meters or 667 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 April 1999 the House Price Index for LUTON was 33.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 349.184%.Applying this 349.184% change to the original purchase price of £48,500 results in an estimated price of approximately £217,854.
| 30 Apr 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.3 | 149.7 | 349.184 % | £48,500 | £169,354 | £217,854 |
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 | 426.747 % | £206,972 | £255,472 |
| 3 Month Average | 381.268 % | £184,915 | £233,415 |
| 6 Month Average | 410.807 % | £199,241 | £247,741 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £347,336 | £342,000 | 130 BIRDSFOOT LANE |
| 29 Sep 2023 | £290,402 | £284,000 | 121 WODECROFT ROAD |
| 6 Sep 2023 | £291,424 | £285,000 | 41 WODECROFT ROAD |
| 1 Sep 2023 | £368,115 | £360,000 | 3 MARRIOTT ROAD |
| 30 Mar 2023 | £305,095 | £300,000 | 70 WODECROFT ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 30 May 2014. Using an estimated price of £217,854 means this house is valued at £3,513 per sq meter (£326 per sq foot).
The average size of a house on LEYBURNE ROAD is 91 sq meters (987 sq feet).
This house is the smallest in the street with a floor area of 62 sq meters (667 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Birdsfoot Lane |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Birdsfoot Lane |
| Apr 2024 | Drugs | Local resolution | On or near Birdsfoot Lane |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near East Hill |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near East Hill |