£409,501
This estimated value is based upon the latest sale price for the house of £310,000 on 21 Dec 2016. 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 |
---|---|
£310,000 | 21 Dec 2016 |
£160,000 | 10 Feb 2009 |
£195,000 | 29 Aug 2008 |
£140,000 | 6 Dec 2002 |
£74,000 | 12 Aug 1999 |
Semi-Detached |
Freehold |
Floor Area: 102 sq meters or 1,097 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 December 2016 the House Price Index for LUTON was 113.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.097%.Applying this 32.097% change to the original purchase price of £310,000 results in an estimated price of approximately £409,501.
21 Dec 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.3 | 149.7 | 32.097 % | £310,000 | £99,501 | £409,501 |
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 | 17.953 % | £55,655 | £365,655 |
3 Month Average | 16.168 % | £50,121 | £360,121 |
6 Month Average | 24.582 % | £76,203 | £386,203 |
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 |
16 May 2022 | £651,986 | £635,000 | 175 ICKNIELD WAY |
4 Apr 2022 | £297,740 | £287,000 | 19 THE FURROWS |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 29 Sep 2015. Using an estimated price of £409,502 means this house is valued at £4,014 per sq meter (£372 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 |