£361,227
This estimated value is based upon the latest sale price for the house of £285,000 on 7 Sep 2017. 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 |
|---|---|
| £285,000 | 7 Sep 2017 |
| £165,000 | 4 Jan 2013 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 September 2017 the House Price Index for LUTON was 117.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.747%.Applying this 26.747% change to the original purchase price of £285,000 results in an estimated price of approximately £361,227.
| 7 Sep 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 148.6 | 26.747 % | £285,000 | £76,227 | £361,227 |
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 | 61.471 % | £175,193 | £460,193 |
| 3 Month Average | 13.816 % | £39,374 | £324,374 |
| 6 Month Average | 33.327 % | £94,981 | £379,981 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £287,678 | £284,000 | 121 WODECROFT ROAD |
| 6 Sep 2023 | £288,691 | £285,000 | 41 WODECROFT ROAD |
| 1 Sep 2023 | £364,663 | £360,000 | 3 MARRIOTT ROAD |
| 31 Jul 2023 | £253,411 | £250,000 | 5 EAST HILL |
| 30 Mar 2023 | £302,853 | £300,000 | 70 WODECROFT ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 24 Apr 2017. Using an estimated price of £361,228 means this house is valued at £4,631 per sq meter (£430 per sq foot).
The average size of a house on LEYBURNE ROAD is 91 sq meters (987 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Wodecroft Road | |
| Jan 2024 | Anti-social behaviour | On or near Wodecroft Road | |
| Jan 2024 | Anti-social behaviour | On or near Wodecroft Road | |
| Jan 2024 | Anti-social behaviour | On or near Wodecroft Road | |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Halyard Close |