£278,926
This estimated value is based upon the latest sale price for the house of £225,000 on 23 Aug 2019. 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 |
---|---|
£225,000 | 23 Aug 2019 |
Terraced |
Freehold |
Floor Area: 79 sq meters or 850 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 August 2019 the House Price Index for LUTON was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £225,000 results in an estimated price of approximately £278,926.
23 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.8 | 149.7 | 23.967 % | £225,000 | £53,926 | £278,926 |
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 | 23.970 % | £53,932 | £278,932 |
3 Month Average | 21.659 % | £48,731 | £273,731 |
6 Month Average | 21.887 % | £49,245 | £274,245 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2024 | £347,336 | £342,000 | 130 BIRDSFOOT LANE |
1 Mar 2024 | £330,071 | £325,000 | 22 WATERSLADE GREEN |
23 Jan 2023 | £386,031 | £385,000 | 32 PARYS ROAD |
17 Nov 2022 | £442,929 | £445,000 | 58 CATSBROOK ROAD |
13 Apr 2022 | £326,788 | £315,000 | 9 WATERSLADE GREEN |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 9 Apr 2019. Using an estimated price of £278,927 means this house is valued at £3,530 per sq meter (£328 per sq foot).
The average size of a house on WATERSLADE GREEN is 83 sq meters (896 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Waterslade Green |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Waterslade Green |
May 2024 | Public order | Unable to prosecute suspect | On or near Waterslade Green |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Waterslade Green |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Supermarket |