£401,699
This estimated value is based upon the latest sale price for the house of £350,000 on 15 Dec 2020. This value is then adjusted by the current Official House Price Index for LUTON 1
Get our free house price tracker.
1A Riddy Lane, Luton, LU3 2AD
Phone: 01582955943
| Price Paid | Date |
|---|---|
| £350,000 | 15 Dec 2020 |
| £192,500 | 29 Apr 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 December 2020 the House Price Index for LUTON was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £350,000 results in an estimated price of approximately £401,699.
| 15 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £350,000 | £51,699 | £401,699 |
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 | 51.303 % | £179,559 | £529,559 |
| 3 Month Average | 4.463 % | £15,620 | £365,620 |
| 6 Month Average | 18.888 % | £66,109 | £416,109 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2023 | £339,339 | £335,000 | 68 BLACK SWAN LANE |
| 22 Jun 2023 | £338,095 | £334,000 | 16 GROSVENOR ROAD |
| 6 Apr 2023 | £353,810 | £350,000 | 19 ALDHOUS CLOSE |
| 26 Aug 2022 | £299,195 | £300,000 | 15 GROSVENOR ROAD |
| 5 Aug 2022 | £314,154 | £315,000 | 36 GROSVENOR ROAD |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 15 Sep 2020. Using an estimated price of £401,700 means this house is valued at £3,754 per sq meter (£348 per sq foot).
The average size of a house on FENWICK CLOSE is 138 sq meters (1,490 sq feet).
This house is the largest in the street with a floor area of 107 sq meters (1,151 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Fenwick Close |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Aldhous Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Aldhous Close |
| Feb 2024 | Anti-social behaviour | On or near Black Swan Lane | |
| Feb 2024 | Anti-social behaviour | On or near Black Swan Lane |