£634,982
This estimated value is based upon the latest sale price for the house of £384,000 on 21 Aug 2013. 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 |
|---|---|
| £384,000 | 21 Aug 2013 |
| £360,000 | 28 Oct 2010 |
| Detached |
| Freehold |
| Floor Area: 137 sq meters or 1,480 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 August 2013 the House Price Index for LUTON was 89.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.360%.Applying this 65.360% change to the original purchase price of £384,000 results in an estimated price of approximately £634,982.
| 21 Aug 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.9 | 148.6 | 65.360 % | £384,000 | £250,982 | £634,982 |
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 | 105.589 % | £405,462 | £789,462 |
| 3 Month Average | 56.218 % | £215,878 | £599,878 |
| 6 Month Average | 84.758 % | £325,471 | £709,471 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £768,445 | £755,000 | 442 NEW BEDFORD ROAD |
| 4 Dec 2023 | £743,000 | £730,000 | 335 OLD BEDFORD ROAD |
| 11 Sep 2023 | £587,512 | £580,000 | 71 SHERBORNE AVENUE |
| 13 Jul 2023 | £392,786 | £387,500 | 52 SHERBORNE AVENUE |
| 8 Jun 2023 | £698,461 | £690,000 | 470 NEW BEDFORD ROAD |
This house has a floor area of 137 sq meters or 1,480 sq feet when measured on 15 Sep 2010. Using an estimated price of £634,983 means this house is valued at £4,617 per sq meter (£428 per sq foot).
The average size of a house on NEW BEDFORD ROAD is 115 sq meters (1,239 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sherborne Avenue |
| Feb 2024 | Drugs | Under investigation | On or near Egdon Drive |
| Mar 2024 | Anti-social behaviour | On or near Further/Higher Educational Building | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Further/Higher Educational Building |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Further/Higher Educational Building |