£386,090
This estimated value is based upon the latest sale price for the house of £210,000 on 1 Jul 2005. 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 |
---|---|
£210,000 | 1 Jul 2005 |
£76,500 | 29 Jan 1996 |
Semi-Detached |
Freehold |
Floor Area: 112 sq meters or 1,205 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 July 2005 the House Price Index for LUTON was 80.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 83.853%.Applying this 83.853% change to the original purchase price of £210,000 results in an estimated price of approximately £386,090.
1 Jul 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.8 | 148.6 | 83.853 % | £210,000 | £176,090 | £386,090 |
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 | 155.024 % | £325,550 | £535,550 |
3 Month Average | 85.892 % | £180,372 | £390,372 |
6 Month Average | 114.816 % | £241,113 | £451,113 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £335,877 | £330,000 | 3 THE FURROWS |
27 Feb 2023 | £324,781 | £325,000 | 38 THE FURROWS |
17 Feb 2023 | £315,788 | £316,000 | 65 GOOSEBERRY HILL |
16 May 2022 | £647,195 | £635,000 | 175 ICKNIELD WAY |
4 Apr 2022 | £295,552 | £287,000 | 19 THE FURROWS |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 13 Sep 2016. Using an estimated price of £386,091 means this house is valued at £3,447 per sq meter (£320 per sq foot).
The average size of a house on THE FURROWS is 89 sq meters (966 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Public order | Unable to prosecute suspect | On or near Gooseberry Hill |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Laburnum Grove |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Laburnum Grove |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Marriott Road |
Apr 2024 | Other theft | Under investigation | On or near Stoneleigh Close |