£449,828
This estimated value is based upon the latest sale price for the house of £122,000 on 11 Oct 2000. 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 |
|---|---|
| £122,000 | 11 Oct 2000 |
| Semi-Detached |
| Freehold |
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 2000 the House Price Index for LUTON was 40.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 268.712%.Applying this 268.712% change to the original purchase price of £122,000 results in an estimated price of approximately £449,828.
| 11 Oct 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.6 | 149.7 | 268.712 % | £122,000 | £327,828 | £449,828 |
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 | 320.364 % | £390,843 | £512,843 |
| 3 Month Average | 284.829 % | £347,491 | £469,491 |
| 6 Month Average | 296.837 % | £362,140 | £484,140 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £444,278 | £433,000 | 5 FOUNTAINS ROAD |
| 5 Apr 2023 | £366,862 | £360,000 | 59 FOUNTAINS ROAD |
| 10 Mar 2023 | £467,813 | £460,000 | 33 FOUNTAINS ROAD |
| 9 Feb 2023 | £719,808 | £715,000 | 217 NEW BEDFORD ROAD |
| 17 Jan 2023 | £591,581 | £590,000 | 251 NEW BEDFORD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near St Michael'S Crescent |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Michael'S Crescent |
| Jun 2024 | Vehicle crime | Unable to prosecute suspect | On or near St Michael'S Crescent |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near St Michael'S Crescent |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near St Michael'S Crescent |