£241,993
This estimated value is based upon the latest sale price for the house of £152,500 on 11 Apr 2008. 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 |
---|---|
£152,500 | 11 Apr 2008 |
£136,000 | 21 Oct 2005 |
£126,995 | 2 Aug 2004 |
£49,000 | 28 Aug 1998 |
£42,000 | 18 Sep 1997 |
Semi-Detached |
Freehold |
Floor Area: 67 sq meters or 721 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 2008 the House Price Index for LUTON was 93.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.684%.Applying this 58.684% change to the original purchase price of £152,500 results in an estimated price of approximately £241,993.
11 Apr 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.6 | 148.6 | 58.684 % | £152,500 | £89,493 | £241,993 |
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 | 132.260 % | £201,696 | £354,196 |
3 Month Average | 64.610 % | £98,529 | £251,029 |
6 Month Average | 88.803 % | £135,425 | £287,925 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Sep 2023 | £288,691 | £285,000 | 41 WODECROFT ROAD |
1 Sep 2023 | £364,663 | £360,000 | 3 MARRIOTT ROAD |
31 Jul 2023 | £253,411 | £250,000 | 5 EAST HILL |
17 Feb 2023 | £315,788 | £316,000 | 65 GOOSEBERRY HILL |
1 Jul 2022 | £305,823 | £305,000 | 9 MARRIOTT ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 28 Jan 2014. Using an estimated price of £241,993 means this house is valued at £3,611 per sq meter (£335 per sq foot).
The average size of a house on WODECROFT ROAD is 81 sq meters (875 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Wodecroft Road | |
Jan 2024 | Anti-social behaviour | On or near Wodecroft Road | |
Jan 2024 | Anti-social behaviour | On or near Wodecroft Road | |
Jan 2024 | Anti-social behaviour | On or near Wodecroft Road | |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Halyard Close |