£269,571
This estimated value is based upon the latest sale price for the house of £170,000 on 21 Mar 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 |
---|---|
£170,000 | 21 Mar 2014 |
£170,000 | 31 Jan 2008 |
£126,000 | 14 Feb 2003 |
£71,000 | 23 Jul 1999 |
Terraced |
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 March 2014 the House Price Index for LUTON was 94.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.571%.Applying this 58.571% change to the original purchase price of £170,000 results in an estimated price of approximately £269,571.
21 Mar 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.4 | 149.7 | 58.571 % | £170,000 | £99,571 | £269,571 |
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 | 93.276 % | £158,569 | £328,569 |
3 Month Average | 78.175 % | £132,898 | £302,898 |
6 Month Average | 77.966 % | £132,542 | £302,542 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Oct 2022 | £199,334 | £200,000 | 38 SHARPLES GREEN |
23 Jun 2022 | £357,645 | £350,000 | 15 SHARPLES GREEN |
25 Apr 2022 | £207,484 | £200,000 | 21 HUGHES COURT LUCAS GARDENS |
25 Mar 2022 | £100,218 | £96,000 | 25 LUCAS GARDENS |
18 Mar 2022 | £260,983 | £250,000 | 66 LUCAS GARDENS |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 4 Feb 2013. Using an estimated price of £269,571 means this house is valued at £4,023 per sq meter (£373 per sq foot).
The average size of a house on LUCAS GARDENS is 55 sq meters (593 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Lucas Gardens | |
May 2024 | Public order | Unable to prosecute suspect | On or near Lucas Gardens |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lucas Gardens |
Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Lucas Gardens |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sharples Green |