£275,620
This estimated value is based upon the latest sale price for the house of £255,000 on 4 Jun 2021. 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 |
---|---|
£255,000 | 4 Jun 2021 |
£325,000 | 11 Jan 2019 |
Terraced |
Freehold |
Floor Area: 118 sq meters or 1,270 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 June 2021 the House Price Index for LUTON was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £255,000 results in an estimated price of approximately £275,620.
4 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 149.7 | 8.087 % | £255,000 | £20,620 | £275,620 |
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 | 1.584 % | £4,039 | £259,039 |
3 Month Average | -2.659 % | £-6,779 | £248,220 |
6 Month Average | 1.916 % | £4,886 | £259,886 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Dec 2023 | £290,940 | £282,000 | 139 RUNFOLD AVENUE |
13 Oct 2023 | £306,972 | £300,000 | 17 PARYS ROAD |
6 Oct 2023 | £319,762 | £312,500 | 133 RUNFOLD AVENUE |
22 Jun 2023 | £340,830 | £334,000 | 16 GROSVENOR ROAD |
26 Aug 2022 | £301,409 | £300,000 | 15 GROSVENOR ROAD |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 1 Aug 2018. Using an estimated price of £275,621 means this house is valued at £2,335 per sq meter (£217 per sq foot).
The average size of a house on RUNFOLD AVENUE is 81 sq meters (876 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Runfold Avenue | |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Cavalier Close |
Apr 2024 | Criminal damage and arson | Local resolution | On or near Cavalier Close |
Apr 2024 | Violence and sexual offences | Local resolution | On or near Cavalier Close |
May 2024 | Burglary | Investigation complete; no suspect identified | On or near Parys Road |