£469,589
This estimated value is based upon the latest sale price for the house of £385,000 on 28 Jan 2020. 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 |
|---|---|
| £385,000 | 28 Jan 2020 |
| Detached |
| Freehold |
| Floor Area: 113 sq meters or 1,221 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 January 2020 the House Price Index for LUTON was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £385,000 results in an estimated price of approximately £469,589.
| 28 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.6 | 21.971 % | £385,000 | £84,589 | £469,589 |
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 | 46.678 % | £179,708 | £564,708 |
| 3 Month Average | 11.679 % | £44,962 | £429,962 |
| 6 Month Average | 27.841 % | £107,187 | £492,187 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £558,265 | £550,000 | 14 STONELEIGH CLOSE |
| 14 Oct 2022 | £197,870 | £200,000 | 38 SHARPLES GREEN |
| 25 Mar 2022 | £99,481 | £96,000 | 25 LUCAS GARDENS |
| 18 Mar 2022 | £259,066 | £250,000 | 66 LUCAS GARDENS |
| 8 Mar 2022 | £549,219 | £530,000 | 3 STONELEIGH CLOSE |
This house has a floor area of 113 sq meters or 1,221 sq feet when measured on 24 Feb 2011. Using an estimated price of £469,590 means this house is valued at £4,138 per sq meter (£384 per sq foot).
The average size of a house on STONELEIGH CLOSE is 151 sq meters (1,627 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Newbold Road |
| Apr 2024 | Other theft | Under investigation | On or near Stoneleigh Close |
| Apr 2024 | Vehicle crime | Under investigation | On or near Stoneleigh Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wootton Close |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Lucas Gardens |