£402,585
This estimated value is based upon the latest sale price for the house of £395,000 on 13 May 2022. 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 |
---|---|
£395,000 | 13 May 2022 |
£185,000 | 28 Nov 2011 |
Semi-Detached |
Freehold |
Floor Area: 67 sq meters or 722 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 2022 the House Price Index for LUTON was 145.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.920%.Applying this 1.920% change to the original purchase price of £395,000 results in an estimated price of approximately £402,585.
13 May 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.8 | 148.6 | 1.920 % | £395,000 | £7,585 | £402,585 |
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 | 14.961 % | £59,095 | £454,095 |
3 Month Average | 10.230 % | £40,408 | £435,408 |
6 Month Average | 15.107 % | £59,673 | £454,673 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £368,221 | £365,000 | 89 WADHURST AVENUE |
5 Jan 2023 | £413,054 | £415,000 | 145 GRAHAM GARDENS |
5 Sep 2022 | £347,196 | £350,000 | 67 WADHURST AVENUE |
13 May 2022 | £402,586 | £395,000 | 36 WADHURST AVENUE |
4 May 2022 | £387,298 | £380,000 | 42 WADHURST AVENUE |
This house has a floor area of 67 sq meters or 722 sq feet when measured on 17 Aug 2011. Using an estimated price of £402,586 means this house is valued at £6,001 per sq meter (£557 per sq foot).
The average size of a house on WADHURST AVENUE is 77 sq meters (836 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wadhurst Avenue |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Winslow Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Bideford Gardens |
Mar 2024 | Public order | Under investigation | On or near Bideford Gardens |
Feb 2024 | Anti-social behaviour | On or near Bideford Gardens |