£138,975
This estimated value is based upon the latest sale price for the house of £95,000 on 30 Jun 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 |
|---|---|
| £95,000 | 30 Jun 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 June 2015 the House Price Index for LUTON was 102.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 46.290%.Applying this 46.290% change to the original purchase price of £95,000 results in an estimated price of approximately £138,975.
| 30 Jun 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 149.7 | 46.290 % | £95,000 | £43,975 | £138,975 |
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 | 52.314 % | £49,698 | £144,698 |
| 3 Month Average | 54.934 % | £52,186 | £147,186 |
| 6 Month Average | 62.640 % | £59,508 | £154,508 |
| 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 |
| 12 Oct 2021 | £248,571 | £223,000 | 113 DEWSBURY ROAD |
| 28 Sep 2021 | £282,248 | £260,000 | 44 DUNCOMBE CLOSE |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 28 Jul 2015. Using an estimated price of £138,975 means this house is valued at £2,895 per sq meter (£268 per sq foot).
The average size of a house on DEWSBURY ROAD is 74 sq meters (806 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Drugs | Unable to prosecute suspect | On or near Dewsbury Road |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Dewsbury Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dewsbury Road |
| May 2024 | Anti-social behaviour | On or near Dewsbury Road | |
| May 2024 | Anti-social behaviour | On or near Dewsbury Road |