£431,800
This estimated value is based upon the latest sale price for the house of £340,000 on 17 Nov 2017. This value is then adjusted by the current Official House Price Index for LUTON 1
Get our free house price tracker.
1A Riddy Lane, Luton, LU3 2AD
Phone: 01582955943
Price Paid | Date |
---|---|
£340,000 | 17 Nov 2017 |
£110,000 | 1 Sep 2000 |
Terraced |
Freehold |
Floor Area: 99 sq meters or 1,065 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 November 2017 the House Price Index for LUTON was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £340,000 results in an estimated price of approximately £431,800.
17 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.9 | 149.7 | 27.000 % | £340,000 | £91,800 | £431,800 |
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 | 34.625 % | £117,723 | £457,723 |
3 Month Average | 17.051 % | £57,974 | £397,974 |
6 Month Average | 20.554 % | £69,882 | £409,882 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £260,505 | £252,500 | 39 MOAT LANE |
10 Feb 2023 | £453,026 | £450,000 | 21 FALLOWFIELD |
1 Jul 2022 | £424,251 | £420,000 | 47 MOAT LANE |
18 Feb 2022 | £396,171 | £375,000 | 21 AUSTIN ROAD |
27 Sep 2021 | £336,526 | £310,000 | 31 AUSTIN ROAD |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 17 Aug 2017. Using an estimated price of £431,800 means this house is valued at £4,361 per sq meter (£405 per sq foot).
The average size of a house on AUSTIN ROAD is 100 sq meters (1,082 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Under investigation | On or near Meadow Road |
May 2024 | Anti-social behaviour | On or near Meadow Road | |
May 2024 | Anti-social behaviour | On or near Meadow Road | |
May 2024 | Anti-social behaviour | On or near Meadow Road | |
May 2024 | Anti-social behaviour | On or near Meadow Road |