£402,397
This estimated value is based upon the latest sale price for the house of £320,000 on 4 Apr 2018. 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 |
|---|---|
| £320,000 | 4 Apr 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 143 sq meters or 1,539 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 2018 the House Price Index for LUTON was 119.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.749%.Applying this 25.749% change to the original purchase price of £320,000 results in an estimated price of approximately £402,397.
| 4 Apr 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 149.7 | 25.749 % | £320,000 | £82,397 | £402,397 |
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 | 28.219 % | £90,301 | £410,301 |
| 3 Month Average | 17.742 % | £56,775 | £376,775 |
| 6 Month Average | 18.768 % | £60,058 | £380,058 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Mar 2024 | £228,511 | £225,000 | 1 THE CREST |
| 15 Dec 2023 | £340,462 | £330,000 | 3 THE FURROWS |
| 27 Feb 2023 | £327,186 | £325,000 | 38 THE FURROWS |
| 17 Feb 2023 | £318,125 | £316,000 | 65 GOOSEBERRY HILL |
| 1 Jul 2022 | £308,087 | £305,000 | 9 MARRIOTT ROAD |
This house has a floor area of 143 sq meters or 1,539 sq feet when measured on 5 Jan 2017. Using an estimated price of £402,397 means this house is valued at £2,813 per sq meter (£261 per sq foot).
The average size of a house on THE FURROWS is 89 sq meters (966 sq feet).
This house is the largest in the street with a floor area of 143 sq meters (1,539 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Furrows |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pegsdon Close |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sandalwood Close |
| May 2024 | Anti-social behaviour | On or near Gooseberry Hill | |
| May 2024 | Anti-social behaviour | On or near Gooseberry Hill |