£323,302
This estimated value is based upon the latest sale price for the house of £157,000 on 28 Apr 2004. 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 |
|---|---|
| £157,000 | 28 Apr 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 70 sq meters or 753 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 April 2004 the House Price Index for LUTON was 72.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 105.925%.Applying this 105.925% change to the original purchase price of £157,000 results in an estimated price of approximately £323,302.
| 28 Apr 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 72.7 | 149.7 | 105.925 % | £157,000 | £166,302 | £323,302 |
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 | 120.714 % | £189,520 | £346,520 |
| 3 Month Average | 109.254 % | £171,528 | £328,528 |
| 6 Month Average | 118.279 % | £185,698 | £342,698 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 May 2024 | £304,000 | £304,000 | 14 SANDALWOOD CLOSE |
| 21 Mar 2024 | £228,511 | £225,000 | 1 THE CREST |
| 29 Sep 2023 | £306,762 | £300,000 | 30 GOOSEBERRY HILL |
| 12 Sep 2023 | £291,424 | £285,000 | 4 THE KIPLINGS GOOSEBERRY HILL |
| 20 Jun 2023 | £283,175 | £277,500 | 34 ST OLAMS CLOSE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 25 Mar 2019. Using an estimated price of £323,303 means this house is valued at £4,618 per sq meter (£429 per sq foot).
The average size of a house on THE CREST is 90 sq meters (971 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sandalwood Close |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near St Olam'S Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near St Olam'S Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Olam'S Close |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near St Olam'S Close |