£371,776
This estimated value is based upon the latest sale price for the house of £300,000 on 2 Jul 2018. 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 |
|---|---|
| £300,000 | 2 Jul 2018 |
| £264,000 | 19 Jun 2015 |
| £230,000 | 9 Jul 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 48 sq meters or 525 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 July 2018 the House Price Index for LUTON was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £300,000 results in an estimated price of approximately £371,776.
| 2 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.6 | 23.926 % | £300,000 | £71,776 | £371,776 |
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 | 54.980 % | £164,941 | £464,941 |
| 3 Month Average | 5.893 % | £17,678 | £317,678 |
| 6 Month Average | 27.592 % | £82,776 | £382,776 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £368,221 | £365,000 | 89 WADHURST AVENUE |
| 5 Jan 2023 | £413,054 | £415,000 | 145 GRAHAM GARDENS |
| 5 Sep 2022 | £347,196 | £350,000 | 67 WADHURST AVENUE |
| 13 May 2022 | £402,586 | £395,000 | 36 WADHURST AVENUE |
| 4 May 2022 | £387,298 | £380,000 | 42 WADHURST AVENUE |
This house has a floor area of 48 sq meters or 525 sq feet when measured on 16 Mar 2010. Using an estimated price of £371,777 means this house is valued at £7,615 per sq meter (£707 per sq foot).
The average size of a house on WADHURST AVENUE is 77 sq meters (836 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wadhurst Avenue |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Graham Gardens |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Graham Gardens |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Winslow Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Bideford Gardens |