£330,614
This estimated value is based upon the latest sale price for the house of £228,000 on 27 Jul 2015. 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 |
---|---|
£228,000 | 27 Jul 2015 |
£164,000 | 21 Mar 2012 |
Semi-Detached |
Freehold |
Floor Area: 44 sq meters or 480 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 July 2015 the House Price Index for LUTON was 103.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 45.006%.Applying this 45.006% change to the original purchase price of £228,000 results in an estimated price of approximately £330,614.
27 Jul 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
103.2 | 149.7 | 45.006 % | £228,000 | £102,614 | £330,614 |
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 | 45.682 % | £104,155 | £332,155 |
3 Month Average | 49.151 % | £112,064 | £340,064 |
6 Month Average | 55.937 % | £127,537 | £355,537 |
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 |
This house has a floor area of 44 sq meters or 480 sq feet when measured on 24 Nov 2011. Using an estimated price of £330,614 means this house is valued at £7,409 per sq meter (£688 per sq foot).
The average size of a house on SANDALWOOD CLOSE is 100 sq meters (1,081 sq feet).
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 |