£199,968
This estimated value is based upon the latest sale price for the house of £152,500 on 14 Dec 2016. 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 |
|---|---|
| £152,500 | 14 Dec 2016 |
| £105,000 | 24 Jul 2009 |
| £49,500 | 19 May 2000 |
| £28,995 | 22 Aug 1997 |
| Terraced |
| Leasehold |
| Floor Area: 43 sq meters or 462 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 December 2016 the House Price Index for LUTON was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £152,500 results in an estimated price of approximately £199,968.
| 14 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.6 | 31.127 % | £152,500 | £47,468 | £199,968 |
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 | 47.806 % | £72,903 | £225,403 |
| 3 Month Average | 11.968 % | £18,251 | £170,751 |
| 6 Month Average | 35.588 % | £54,271 | £206,771 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £380,635 | £375,000 | 21 MARKFIELD CLOSE |
| 6 Sep 2023 | £283,626 | £280,000 | 48 ENDERBY ROAD |
| 31 Mar 2023 | £294,777 | £292,000 | 54 ENDERBY ROAD |
| 7 Oct 2022 | £346,272 | £350,000 | 41 ENDERBY ROAD |
| 16 Jun 2022 | £334,730 | £330,000 | 38 ENDERBY ROAD |
This house has a floor area of 43 sq meters or 462 sq feet when measured on 26 Feb 2020. Using an estimated price of £199,968 means this house is valued at £4,650 per sq meter (£432 per sq foot).
The average size of a house on ENDERBY ROAD is 66 sq meters (711 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other crime | Unable to prosecute suspect | On or near Markfield Close |
| Apr 2024 | Drugs | Offender given a caution | On or near Markfield Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Markfield Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Markfield Close |
| Apr 2024 | Vehicle crime | Under investigation | On or near Wycliffe Close |