£342,713
This estimated value is based upon the latest sale price for the house of £74,000 on 30 Oct 1998. 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 |
---|---|
£74,000 | 30 Oct 1998 |
Semi-Detached |
Freehold |
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 October 1998 the House Price Index for LUTON was 32.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 363.127%.Applying this 363.127% change to the original purchase price of £74,000 results in an estimated price of approximately £342,713.
30 Oct 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
32.1 | 148.6 | 363.127 % | £74,000 | £268,713 | £342,713 |
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 | 589.653 % | £436,343 | £510,343 |
3 Month Average | 412.072 % | £304,933 | £378,933 |
6 Month Average | 483.033 % | £357,444 | £431,444 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £335,877 | £330,000 | 3 THE FURROWS |
29 Sep 2023 | £303,885 | £300,000 | 30 GOOSEBERRY HILL |
12 Sep 2023 | £288,691 | £285,000 | 4 THE KIPLINGS GOOSEBERRY HILL |
1 Sep 2023 | £364,663 | £360,000 | 3 MARRIOTT ROAD |
14 Apr 2023 | £535,769 | £530,000 | 34 GOOSEBERRY HILL |
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Marriott Road |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sandalwood Close |
Apr 2024 | Public order | Unable to prosecute suspect | On or near Gooseberry Hill |
Jan 2024 | Anti-social behaviour | On or near Wodecroft Road | |
Jan 2024 | Anti-social behaviour | On or near Wodecroft Road |