£295,748
This estimated value is based upon the latest sale price for the house of £236,000 on 29 Mar 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 |
|---|---|
| £236,000 | 29 Mar 2018 |
| 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 March 2018 the House Price Index for LUTON was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £236,000 results in an estimated price of approximately £295,748.
| 29 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 148.6 | 25.317 % | £236,000 | £59,748 | £295,748 |
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 | 83.290 % | £196,564 | £432,564 |
| 3 Month Average | 14.959 % | £35,304 | £271,304 |
| 6 Month Average | 30.916 % | £72,962 | £308,962 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £183,205 | £180,000 | 20 DUNCOMBE CLOSE |
| 22 Nov 2023 | £286,238 | £282,000 | 206 DEWSBURY ROAD |
| 3 Jul 2023 | £154,885 | £152,800 | 7 WYCLIFFE CLOSE |
| 7 Oct 2022 | £346,272 | £350,000 | 41 ENDERBY ROAD |
| 12 Oct 2021 | £246,745 | £223,000 | 113 DEWSBURY ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 26 Jan 2018. Using an estimated price of £295,748 means this house is valued at £4,414 per sq meter (£410 per sq foot).
The average size of a house on WYCLIFFE CLOSE is 92 sq meters (995 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Wycliffe Close | |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Wycliffe Close |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wycliffe Close |
| Apr 2024 | Vehicle crime | Under investigation | On or near Wycliffe Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Wycliffe Close |