£263,762
This estimated value is based upon the latest sale price for the house of £163,000 on 27 Apr 2007. 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 |
|---|---|
| £163,000 | 27 Apr 2007 |
| £75,000 | 22 Mar 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,105 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 April 2007 the House Price Index for LUTON was 92.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 61.818%.Applying this 61.818% change to the original purchase price of £163,000 results in an estimated price of approximately £263,762.
| 27 Apr 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.5 | 149.7 | 61.818 % | £163,000 | £100,762 | £263,762 |
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 | 100.565 % | £163,920 | £326,920 |
| 3 Month Average | 79.034 % | £128,825 | £291,825 |
| 6 Month Average | 81.747 % | £133,247 | £296,247 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £347,336 | £342,000 | 130 BIRDSFOOT LANE |
| 6 Sep 2023 | £291,424 | £285,000 | 41 WODECROFT ROAD |
| 3 Feb 2022 | £150,017 | £142,000 | 1 LEYBURNE ROAD |
| 24 Jan 2022 | £365,768 | £345,000 | 2 LEYBURNE ROAD |
| 13 Oct 2021 | £289,814 | £260,000 | 12 HALYARD CLOSE |
This house has a floor area of 102 sq meters or 1,105 sq feet when measured on 16 Nov 2011. Using an estimated price of £263,763 means this house is valued at £2,568 per sq meter (£238 per sq foot).
The average size of a house on EAST HILL is 111 sq meters (1,201 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near East Hill |
| Apr 2024 | Public order | Local resolution | On or near East Hill |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near East Hill |
| Apr 2024 | Public order | Local resolution | On or near East Hill |
| Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Supermarket |