£240,752
This estimated value is based upon the latest sale price for the house of £150,000 on 16 Dec 2013. 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 |
|---|---|
| £150,000 | 16 Dec 2013 |
| £157,000 | 26 Sep 2007 |
| £75,000 | 31 Aug 2001 |
| £52,995 | 18 Sep 1998 |
| Terraced |
| Freehold |
| Floor Area: 55 sq meters or 592 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 2013 the House Price Index for LUTON was 92.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.502%.Applying this 60.502% change to the original purchase price of £150,000 results in an estimated price of approximately £240,752.
| 16 Dec 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 148.6 | 60.502 % | £150,000 | £90,752 | £240,752 |
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 | 134.333 % | £201,500 | £351,500 |
| 3 Month Average | 68.522 % | £102,782 | £252,782 |
| 6 Month Average | 86.062 % | £129,092 | £279,092 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £286,238 | £282,000 | 206 DEWSBURY ROAD |
| 31 Jan 2023 | £268,734 | £270,000 | 50 SPRINGFIELD ROAD |
| 13 Jan 2023 | £293,617 | £295,000 | 11 SPRINGFIELD ROAD |
| 28 Nov 2022 | £167,965 | £170,000 | 13 SPRINGFIELD ROAD |
| 7 Oct 2022 | £346,272 | £350,000 | 41 ENDERBY ROAD |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 21 Sep 2013. Using an estimated price of £240,753 means this house is valued at £4,377 per sq meter (£406 per sq foot).
The average size of a house on SPRINGFIELD ROAD is 56 sq meters (606 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Markfield Close |
| Apr 2024 | Other crime | Unable to prosecute suspect | On or near Markfield Close |
| Apr 2024 | Drugs | Offender given a caution | On or near Markfield Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Markfield Close |
| Apr 2024 | Anti-social behaviour | On or near Wycliffe Close |