£342,657
This estimated value is based upon the latest sale price for the house of £220,000 on 23 May 2014. 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 |
---|---|
£220,000 | 23 May 2014 |
Semi-Detached |
Freehold |
Floor Area: 66 sq meters or 710 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 May 2014 the House Price Index for LUTON was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £220,000 results in an estimated price of approximately £342,657.
23 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.1 | 149.7 | 55.753 % | £220,000 | £122,657 | £342,657 |
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 | 95.690 % | £210,516 | £430,516 |
3 Month Average | 78.203 % | £172,046 | £392,046 |
6 Month Average | 78.554 % | £172,818 | £392,818 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £340,462 | £330,000 | 3 THE FURROWS |
27 Feb 2023 | £327,186 | £325,000 | 38 THE FURROWS |
17 Feb 2023 | £318,125 | £316,000 | 65 GOOSEBERRY HILL |
31 Aug 2022 | £301,409 | £300,000 | 54 LABURNUM GROVE |
4 Apr 2022 | £297,740 | £287,000 | 19 THE FURROWS |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 17 Jan 2014. Using an estimated price of £342,657 means this house is valued at £5,191 per sq meter (£482 per sq foot).
The average size of a house on THE FURROWS is 89 sq meters (966 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Furrows |
May 2024 | Anti-social behaviour | On or near Gooseberry Hill | |
May 2024 | Anti-social behaviour | On or near Gooseberry Hill | |
May 2024 | Anti-social behaviour | On or near Gooseberry Hill | |
Apr 2024 | Public order | Unable to prosecute suspect | On or near Gooseberry Hill |