£265,117
This estimated value is based upon the latest sale price for the house of £185,500 on 11 Sep 2015. 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 |
---|---|
£185,500 | 11 Sep 2015 |
£142,000 | 26 Jun 2006 |
Terraced |
Freehold |
Floor Area: 56 sq meters or 602 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 September 2015 the House Price Index for LUTON was 104.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 42.921%.Applying this 42.921% change to the original purchase price of £185,500 results in an estimated price of approximately £265,117.
11 Sep 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
104.7 | 149.7 | 42.921 % | £185,500 | £79,617 | £265,117 |
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 | 48.102 % | £89,229 | £274,729 |
3 Month Average | 39.750 % | £73,736 | £259,236 |
6 Month Average | 47.613 % | £88,322 | £273,822 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Oct 2023 | £434,877 | £425,000 | 9 GLENFIELD ROAD |
31 Jan 2023 | £270,723 | £270,000 | 50 SPRINGFIELD ROAD |
13 Jan 2023 | £295,790 | £295,000 | 11 SPRINGFIELD ROAD |
28 Nov 2022 | £169,209 | £170,000 | 13 SPRINGFIELD ROAD |
11 Apr 2022 | £300,852 | £290,000 | 14 GLENFIELD ROAD |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 1 Jul 2013. Using an estimated price of £265,118 means this house is valued at £4,734 per sq meter (£439 per sq foot).
The average size of a house on GLENFIELD ROAD is 69 sq meters (744 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Glenfield Road |
Jul 2024 | Public order | Unable to prosecute suspect | On or near Glenfield Road |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Glenfield Road |
May 2024 | Violence and sexual offences | Under investigation | On or near Glenfield Road |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Glenfield Road |