£411,116
This estimated value is based upon the latest sale price for the house of £164,995 on 24 Jan 2003. 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 |
|---|---|
| £164,995 | 24 Jan 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 2003 the House Price Index for LUTON was 60.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 149.169%.Applying this 149.169% change to the original purchase price of £164,995 results in an estimated price of approximately £411,116.
| 24 Jan 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 60.1 | 149.7 | 149.169 % | £164,995 | £246,121 | £411,116 |
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 | 158.644 % | £261,753 | £426,748 |
| 3 Month Average | 150.775 % | £248,771 | £413,766 |
| 6 Month Average | 153.472 % | £253,221 | £418,216 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Apr 2023 | £197,698 | £194,000 | 45 CELANDINE DRIVE |
| 10 Mar 2023 | £96,613 | £95,000 | 69 CELANDINE DRIVE |
| 30 Jun 2022 | £306,553 | £300,000 | 33 SPEEDWELL CLOSE |
| 22 Dec 2021 | £188,879 | £175,000 | 22 SORREL CLOSE |
| 12 Nov 2021 | £277,828 | £255,000 | 34 SORREL CLOSE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 27 Jan 2014. Using an estimated price of £411,117 means this house is valued at £5,709 per sq meter (£530 per sq foot).
The average size of a house on SPEEDWELL CLOSE is 59 sq meters (640 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Celandine Drive |
| May 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Freeman Avenue |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Corinium Gardens |