£469,955
This estimated value is based upon the latest sale price for the house of £357,000 on 13 Jan 2017. 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 |
|---|---|
| £357,000 | 13 Jan 2017 |
| £218,000 | 19 Jan 2011 |
| Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,145 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 January 2017 the House Price Index for LUTON was 113.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 31.640%.Applying this 31.640% change to the original purchase price of £357,000 results in an estimated price of approximately £469,955.
| 13 Jan 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 149.7 | 31.640 % | £357,000 | £112,955 | £469,955 |
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 | 23.377 % | £83,457 | £440,457 |
| 3 Month Average | 16.608 % | £59,289 | £416,289 |
| 6 Month Average | 22.481 % | £80,257 | £437,257 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jul 2024 | £675,000 | £675,000 | 36 HOLMBROOK AVENUE |
| 6 Mar 2024 | £431,632 | £425,000 | 42 RIDDY LANE |
| 12 Jan 2023 | £401,067 | £399,995 | 14 HOLMBROOK AVENUE |
| 12 Jan 2023 | £212,568 | £212,000 | 5 HOLMBROOK AVENUE |
| 15 Jul 2022 | £425,261 | £421,000 | 18 HOLMBROOK AVENUE |
This house has a floor area of 106 sq meters or 1,145 sq feet when measured on 14 Sep 2010. Using an estimated price of £469,956 means this house is valued at £4,417 per sq meter (£410 per sq foot).
The average size of a house on RIDDY LANE is 108 sq meters (1,171 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Under investigation | On or near Rackham Drive |
| May 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Rackham Drive |
| May 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Rackham Drive |
| May 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Rackham Drive |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rackham Drive |