£398,470
This estimated value is based upon the latest sale price for the house of £311,000 on 6 Jun 2017. 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 |
|---|---|
| £311,000 | 6 Jun 2017 |
| £200,000 | 31 Jul 2003 |
| Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 June 2017 the House Price Index for LUTON was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £311,000 results in an estimated price of approximately £398,470.
| 6 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 148.6 | 28.126 % | £311,000 | £87,470 | £398,470 |
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 | 53.546 % | £166,527 | £477,527 |
| 3 Month Average | 22.748 % | £70,745 | £381,745 |
| 6 Month Average | 38.405 % | £119,439 | £430,439 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £121,306 | £120,000 | 72 TRINITY ROAD |
| 17 Feb 2023 | £154,896 | £155,000 | 32 BANCROFT ROAD |
| 27 Jan 2023 | £258,781 | £260,000 | 5 TRINITY CLOSE |
| 27 Jul 2022 | £325,877 | £325,000 | 12 BRITANNIA AVENUE |
| 31 Mar 2022 | £414,505 | £400,000 | 24 BANCROFT ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 23 Nov 2016. Using an estimated price of £398,470 means this house is valued at £4,980 per sq meter (£462 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Trinity Close |
| Apr 2024 | Public order | Under investigation | On or near Trinity Road |
| Apr 2024 | Public order | Under investigation | On or near Trinity Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Trinity Road |
| Feb 2024 | Anti-social behaviour | On or near Trinity Road |