£428,578
This estimated value is based upon the latest sale price for the house of £91,800 on 5 Nov 1998. 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 |
---|---|
£91,800 | 5 Nov 1998 |
Semi-Detached |
Freehold |
Floor Area: 102 sq meters or 1,097 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 1998 the House Price Index for LUTON was 32.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 366.861%.Applying this 366.861% change to the original purchase price of £91,800 results in an estimated price of approximately £428,578.
5 Nov 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
32.1 | 149.7 | 366.861 % | £91,800 | £336,778 | £428,578 |
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 | 515.284 % | £473,030 | £564,830 |
3 Month Average | 445.626 % | £409,084 | £500,884 |
6 Month Average | 436.759 % | £400,944 | £492,744 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Jul 2024 | £410,000 | £410,000 | 132 CULVERHOUSE ROAD |
20 Nov 2023 | £425,809 | £415,000 | 175 AUSTIN ROAD |
3 Nov 2023 | £123,125 | £120,000 | 95 AUSTIN ROAD |
15 Sep 2023 | £383,453 | £375,000 | 83 CULVERHOUSE ROAD |
10 Mar 2023 | £396,624 | £390,000 | 185 AUSTIN ROAD |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 13 Jun 2016. Using an estimated price of £428,579 means this house is valued at £4,201 per sq meter (£390 per sq foot).
The average size of a house on CULVERHOUSE ROAD is 114 sq meters (1,234 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Under investigation | On or near Winslow Close |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Winslow Close |
Jul 2024 | Anti-social behaviour | On or near Wadhurst Avenue | |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Austin Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near St Winifreds Avenue |