£251,587
This estimated value is based upon the latest sale price for the house of £147,000 on 9 Dec 2010. 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 |
|---|---|
| £147,000 | 9 Dec 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 67 sq meters or 721 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 December 2010 the House Price Index for LUTON was 86.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.148%.Applying this 71.148% change to the original purchase price of £147,000 results in an estimated price of approximately £251,587.
| 9 Dec 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.8 | 148.6 | 71.148 % | £147,000 | £104,587 | £251,587 |
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 | 151.936 % | £223,346 | £370,346 |
| 3 Month Average | 72.811 % | £107,032 | £254,032 |
| 6 Month Average | 98.671 % | £145,046 | £292,046 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £303,885 | £300,000 | 30 GOOSEBERRY HILL |
| 12 Sep 2023 | £288,691 | £285,000 | 4 THE KIPLINGS GOOSEBERRY HILL |
| 20 Jun 2023 | £280,903 | £277,500 | 34 ST OLAMS CLOSE |
| 14 Apr 2023 | £535,769 | £530,000 | 34 GOOSEBERRY HILL |
| 31 Mar 2023 | £272,568 | £270,000 | 36 ST OLAMS CLOSE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 14 Jul 2021. Using an estimated price of £251,588 means this house is valued at £3,755 per sq meter (£348 per sq foot).
The average size of a house on THE CREST is 90 sq meters (971 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sandalwood Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near St Olam'S Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near St Olam'S Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Marriott Road |
| Jan 2024 | Anti-social behaviour | On or near Wodecroft Road |