£344,636
This estimated value is based upon the latest sale price for the house of £204,000 on 17 Nov 2006. 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 |
|---|---|
| £204,000 | 17 Nov 2006 |
| 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 November 2006 the House Price Index for LUTON was 88.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.940%.Applying this 68.940% change to the original purchase price of £204,000 results in an estimated price of approximately £344,636.
| 17 Nov 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 149.7 | 68.940 % | £204,000 | £140,636 | £344,636 |
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 | 100.465 % | £204,948 | £408,948 |
| 3 Month Average | 80.617 % | £164,459 | £368,459 |
| 6 Month Average | 82.886 % | £169,086 | £373,086 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2023 | £342,551 | £335,000 | 68 BLACK SWAN LANE |
| 22 Jun 2023 | £340,830 | £334,000 | 16 GROSVENOR ROAD |
| 6 Apr 2023 | £356,671 | £350,000 | 19 ALDHOUS CLOSE |
| 26 Aug 2022 | £301,409 | £300,000 | 15 GROSVENOR ROAD |
| 5 Aug 2022 | £316,480 | £315,000 | 36 GROSVENOR ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Other crime | Under investigation | On or near Fenwick Close |
| Jul 2024 | Burglary | Under investigation | On or near Aldhous Close |
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Aldhous Close |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Aldhous Close |
| May 2024 | Anti-social behaviour | On or near Black Swan Lane |