£173,042
This estimated value is based upon the latest sale price for the house of £160,000 on 10 Nov 2021. 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 |
|---|---|
| £160,000 | 10 Nov 2021 |
| £33,000 | 7 Apr 1999 |
| £28,000 | 7 Apr 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 42 sq meters or 452 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 November 2021 the House Price Index for LUTON was 137.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 8.151%.Applying this 8.151% change to the original purchase price of £160,000 results in an estimated price of approximately £173,042.
| 10 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.6 | 8.151 % | £160,000 | £13,042 | £173,042 |
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 | 22.109 % | £35,375 | £195,375 |
| 3 Month Average | -10.240 % | £-16,384 | £143,615 |
| 6 Month Average | 10.650 % | £17,039 | £177,039 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £380,635 | £375,000 | 21 MARKFIELD CLOSE |
| 6 Sep 2023 | £283,626 | £280,000 | 48 ENDERBY ROAD |
| 31 Mar 2023 | £294,777 | £292,000 | 54 ENDERBY ROAD |
| 7 Oct 2022 | £346,272 | £350,000 | 41 ENDERBY ROAD |
| 16 Jun 2022 | £334,730 | £330,000 | 38 ENDERBY ROAD |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 14 May 2013. Using an estimated price of £173,042 means this house is valued at £4,120 per sq meter (£382 per sq foot).
The average size of a house on ENDERBY ROAD is 66 sq meters (711 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Markfield Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wycliffe Close |
| Jan 2024 | Burglary | Unable to prosecute suspect | On or near Wycliffe Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wycliffe Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Wycliffe Close |