£115,956
This estimated value is based upon the latest sale price for the house of £75,000 on 9 May 2014. 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 |
|---|---|
| £75,000 | 9 May 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 44 sq meters or 473 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 May 2014 the House Price Index for LUTON was 96.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 54.609%.Applying this 54.609% change to the original purchase price of £75,000 results in an estimated price of approximately £115,956.
| 9 May 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 148.6 | 54.609 % | £75,000 | £40,956 | £115,956 |
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 | 145.216 % | £108,911 | £183,911 |
| 3 Month Average | 71.760 % | £53,819 | £128,819 |
| 6 Month Average | 94.329 % | £70,746 | £145,746 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £183,205 | £180,000 | 20 DUNCOMBE CLOSE |
| 29 Sep 2023 | £287,678 | £284,000 | 121 WODECROFT ROAD |
| 3 Jul 2023 | £154,885 | £152,800 | 7 WYCLIFFE CLOSE |
| 24 Apr 2023 | £262,830 | £260,000 | 129 WODECROFT ROAD |
| 30 Mar 2023 | £302,853 | £300,000 | 70 WODECROFT ROAD |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 13 Jun 2013. Using an estimated price of £115,957 means this house is valued at £2,635 per sq meter (£244 per sq foot).
The average size of a house on BIRDSFOOT LANE is 85 sq meters (922 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Drugs | Under investigation | On or near Birdsfoot Lane |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Birdsfoot Lane |
| Mar 2024 | Possession of weapons | Under investigation | On or near Birdsfoot Lane |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Halyard Close |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Duncombe Close |