£198,074
This estimated value is based upon the latest sale price for the house of £108,000 on 20 Jan 2009. 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 |
|---|---|
| £108,000 | 20 Jan 2009 |
| £108,000 | 6 Jul 2001 |
| 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 January 2009 the House Price Index for LUTON was 81.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 83.402%.Applying this 83.402% change to the original purchase price of £108,000 results in an estimated price of approximately £198,074.
| 20 Jan 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.0 | 148.6 | 83.402 % | £108,000 | £90,074 | £198,074 |
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 | 147.264 % | £159,045 | £267,045 |
| 3 Month Average | 90.318 % | £97,543 | £205,543 |
| 6 Month Average | 107.195 % | £115,770 | £223,770 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £362,130 | £357,500 | 74 ST MICHAELS CRESCENT |
| 25 Apr 2023 | £404,354 | £400,000 | 102 ST MICHAELS CRESCENT |
| 26 Sep 2022 | £456,315 | £460,000 | 1 GRAHAM GARDENS |
| 1 Apr 2022 | £350,132 | £340,000 | 23 ST MICHAELS CRESCENT |
| 23 Mar 2022 | £388,598 | £375,000 | 37 ST MICHAELS CRESCENT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near St Michael'S Crescent |
| 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 |
| Apr 2024 | Public order | Under investigation | On or near Fountains Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fountains Road |