£294,014
This estimated value is based upon the latest sale price for the house of £225,000 on 6 Jan 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 |
|---|---|
| £225,000 | 6 Jan 2017 |
| £149,500 | 2 Mar 2007 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 2017 the House Price Index for LUTON was 113.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.673%.Applying this 30.673% change to the original purchase price of £225,000 results in an estimated price of approximately £294,014.
| 6 Jan 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 148.6 | 30.673 % | £225,000 | £69,014 | £294,014 |
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 | 54.603 % | £122,855 | £347,855 |
| 3 Month Average | 12.392 % | £27,880 | £252,880 |
| 6 Month Average | 33.302 % | £74,929 | £299,929 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Sep 2022 | £322,397 | £325,000 | 7 CATHERALL ROAD |
| 19 Jul 2022 | £270,729 | £270,000 | 45 DEWSBURY ROAD |
| 24 Mar 2022 | £248,703 | £240,000 | 3 MUSWELL CLOSE |
| 23 Nov 2021 | £286,601 | £265,000 | 21 CATHERALL ROAD |
| 28 Sep 2021 | £280,174 | £260,000 | 44 DUNCOMBE CLOSE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 7 Oct 2016. Using an estimated price of £294,014 means this house is valued at £4,083 per sq meter (£379 per sq foot).
The average size of a house on DEWSBURY ROAD is 74 sq meters (806 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Muswell Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Catherall Road |
| Apr 2024 | Anti-social behaviour | On or near Powell Close | |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Powell Close |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Powell Close |