£332,401
This estimated value is based upon the latest sale price for the house of £214,995 on 21 May 2014. 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 |
|---|---|
| £214,995 | 21 May 2014 |
| £115,000 | 31 Mar 2008 |
| £146,000 | 21 Jan 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 May 2014 the House Price Index for LUTON was 96.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 54.609%.Applying this 54.609% change to the original purchase price of £214,995 results in an estimated price of approximately £332,401.
| 21 May 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 148.6 | 54.609 % | £214,995 | £117,406 | £332,401 |
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 | 145.216 % | £312,206 | £527,201 |
| 3 Month Average | 71.760 % | £154,280 | £369,275 |
| 6 Month Average | 94.329 % | £202,801 | £417,796 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £340,034 | £335,000 | 23 NUNNERY LANE |
| 2 Jun 2023 | £450,456 | £445,000 | 23 REEVES AVENUE |
| 12 Apr 2023 | £353,810 | £350,000 | 6 NUNNERY LANE |
| 17 Feb 2023 | £154,896 | £155,000 | 32 BANCROFT ROAD |
| 27 Jul 2022 | £325,877 | £325,000 | 12 BRITANNIA AVENUE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 23 Sep 2015. Using an estimated price of £332,401 means this house is valued at £3,574 per sq meter (£332 per sq foot).
The average size of a house on NUNNERY LANE is 102 sq meters (1,100 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Nunnery Lane | |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Nunnery Lane |
| Feb 2024 | Other crime | Under investigation | On or near Nunnery Lane |
| Mar 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Trinity Close |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |