£544,332
This estimated value is based upon the latest sale price for the house of £249,995 on 12 Dec 2003. 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 |
|---|---|
| £249,995 | 12 Dec 2003 |
| 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 December 2003 the House Price Index for LUTON was 68.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 117.737%.Applying this 117.737% change to the original purchase price of £249,995 results in an estimated price of approximately £544,332.
| 12 Dec 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 68.2 | 148.6 | 117.737 % | £249,995 | £294,337 | £544,332 |
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 | 201.386 % | £503,455 | £753,450 |
| 3 Month Average | 112.949 % | £282,367 | £532,362 |
| 6 Month Average | 146.329 % | £365,815 | £615,810 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £558,265 | £550,000 | 14 STONELEIGH CLOSE |
| 12 Jun 2023 | £334,046 | £330,000 | 5 WOOTTON CLOSE |
| 19 Aug 2022 | £339,087 | £340,000 | 17 WOOTTON CLOSE |
| 16 May 2022 | £647,195 | £635,000 | 175 ICKNIELD WAY |
| 18 Mar 2022 | £259,066 | £250,000 | 66 LUCAS GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Newbold Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sharples Green |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Sharples Green |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Sharples Green |