£167,679
This estimated value is based upon the latest sale price for the house of £125,000 on 28 Jul 2016. 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 |
|---|---|
| £125,000 | 28 Jul 2016 |
| £106,500 | 10 Aug 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 505 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 2016 the House Price Index for LUTON was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.143%.Applying this 34.143% change to the original purchase price of £125,000 results in an estimated price of approximately £167,679.
| 28 Jul 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.143 % | £125,000 | £42,679 | £167,679 |
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 | 43.618 % | £54,522 | £179,522 |
| 3 Month Average | 29.454 % | £36,816 | £161,816 |
| 6 Month Average | 33.303 % | £41,628 | £166,628 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £185,706 | £180,000 | 20 DUNCOMBE CLOSE |
| 22 Nov 2023 | £289,345 | £282,000 | 206 DEWSBURY ROAD |
| 7 Oct 2022 | £348,835 | £350,000 | 41 ENDERBY ROAD |
| 4 Mar 2022 | £342,410 | £328,000 | 49 ENDERBY ROAD |
| 12 Oct 2021 | £248,571 | £223,000 | 113 DEWSBURY ROAD |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 16 Sep 2014. Using an estimated price of £167,679 means this house is valued at £3,567 per sq meter (£331 per sq foot).
The average size of a house on DEWSBURY ROAD is 74 sq meters (806 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Awaiting court outcome | On or near Wycliffe Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Wycliffe Close |
| May 2024 | Anti-social behaviour | On or near Wycliffe Close | |
| May 2024 | Anti-social behaviour | On or near Wycliffe Close | |
| May 2024 | Anti-social behaviour | On or near Wycliffe Close |