£290,260
This estimated value is based upon the latest sale price for the house of £230,000 on 20 Oct 2017. 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 |
|---|---|
| £230,000 | 20 Oct 2017 |
| £136,000 | 17 Jan 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 60 sq meters or 645 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 October 2017 the House Price Index for LUTON was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £230,000 results in an estimated price of approximately £290,260.
| 20 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 148.6 | 26.200 % | £230,000 | £60,260 | £290,260 |
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 | 49.193 % | £113,144 | £343,144 |
| 3 Month Average | 11.027 % | £25,361 | £255,361 |
| 6 Month Average | 30.914 % | £71,102 | £301,102 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £314,658 | £310,000 | 3 WATERSLADE GREEN |
| 17 Nov 2022 | £439,674 | £445,000 | 58 CATSBROOK ROAD |
| 27 May 2022 | £270,089 | £265,000 | 47 RUNFOLD AVENUE |
| 13 Apr 2022 | £324,387 | £315,000 | 9 WATERSLADE GREEN |
| 1 Apr 2022 | £264,658 | £257,000 | 50 RUNFOLD AVENUE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 29 Aug 2017. Using an estimated price of £290,260 means this house is valued at £4,837 per sq meter (£449 per sq foot).
The average size of a house on RUNFOLD AVENUE is 81 sq meters (876 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Waterslade Green |
| Apr 2024 | Vehicle crime | Under investigation | On or near Catsbrook Road |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Catsbrook Road |
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Catsbrook Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Catsbrook Road |