£289,567
This estimated value is based upon the latest sale price for the house of £217,000 on 26 Oct 2016. 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 |
|---|---|
| £217,000 | 26 Oct 2016 |
| Semi-Detached |
| 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 October 2016 the House Price Index for LUTON was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £217,000 results in an estimated price of approximately £289,567.
| 26 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 149.7 | 33.441 % | £217,000 | £72,567 | £289,567 |
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 | 26.156 % | £56,757 | £273,757 |
| 3 Month Average | 28.832 % | £62,566 | £279,566 |
| 6 Month Average | 30.802 % | £66,840 | £283,840 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £347,336 | £342,000 | 130 BIRDSFOOT LANE |
| 9 Sep 2022 | £324,783 | £325,000 | 7 CATHERALL ROAD |
| 19 Jul 2022 | £272,733 | £270,000 | 45 DEWSBURY ROAD |
| 24 Mar 2022 | £250,544 | £240,000 | 3 MUSWELL CLOSE |
| 3 Feb 2022 | £150,017 | £142,000 | 1 LEYBURNE ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 26 Apr 2016. Using an estimated price of £289,567 means this house is valued at £3,712 per sq meter (£344 per sq foot).
The average size of a house on DEWSBURY ROAD is 74 sq meters (806 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Powell Close | |
| Apr 2024 | Anti-social behaviour | On or near Powell Close | |
| Apr 2024 | Anti-social behaviour | On or near Powell Close | |
| Apr 2024 | Anti-social behaviour | On or near Powell Close | |
| Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Supermarket |