£199,224
This estimated value is based upon the latest sale price for the house of £42,000 on 8 May 1998. 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 |
|---|---|
| £42,000 | 8 May 1998 |
| 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 May 1998 the House Price Index for LUTON was 31.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 374.343%.Applying this 374.343% change to the original purchase price of £42,000 results in an estimated price of approximately £199,224.
| 8 May 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.6 | 149.7 | 374.343 % | £42,000 | £157,224 | £199,224 |
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 | 507.129 % | £212,994 | £254,994 |
| 3 Month Average | 442.888 % | £186,013 | £228,013 |
| 6 Month Average | 448.847 % | £188,515 | £230,515 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Oct 2023 | £455,342 | £445,000 | 4 CLAYDON CLOSE |
| 3 Mar 2023 | £294,925 | £290,000 | 22 LABURNUM GROVE |
| 17 Feb 2023 | £302,017 | £300,000 | 29 LABURNUM GROVE |
| 7 Oct 2022 | £348,835 | £350,000 | 41 ENDERBY ROAD |
| 26 Jul 2022 | £434,352 | £430,000 | 5 CLAYDON CLOSE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 23 Mar 2015. Using an estimated price of £199,224 means this house is valued at £2,973 per sq meter (£276 per sq foot).
The average size of a house on BIRDSFOOT LANE is 85 sq meters (922 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Awaiting court outcome | On or near Wycliffe Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Wycliffe Close |
| May 2024 | Anti-social behaviour | On or near Wycliffe Close | |
| May 2024 | Anti-social behaviour | On or near Wycliffe Close | |
| May 2024 | Anti-social behaviour | On or near Wycliffe Close |