£290,401
This estimated value is based upon the latest sale price for the house of £284,000 on 29 Sep 2023. 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 |
|---|---|
| £284,000 | 29 Sep 2023 |
| £239,000 | 21 Jun 2019 |
| £150,000 | 17 Sep 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 61 sq meters or 656 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 September 2023 the House Price Index for LUTON was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £284,000 results in an estimated price of approximately £290,401.
| 29 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £284,000 | £6,401 | £290,401 |
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 | 58.384 % | £165,811 | £449,811 |
| 3 Month Average | 8.536 % | £24,241 | £308,241 |
| 6 Month Average | 5.467 % | £15,526 | £299,526 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jul 2024 | £285,000 | £285,000 | 21 PEGSDON CLOSE |
| 17 May 2024 | £330,000 | £330,000 | 23 PEGSDON CLOSE |
| 29 Sep 2023 | £290,402 | £284,000 | 121 WODECROFT ROAD |
| 6 Sep 2023 | £291,424 | £285,000 | 41 WODECROFT ROAD |
| 24 Apr 2023 | £264,956 | £260,000 | 129 WODECROFT ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 13 Apr 2012. Using an estimated price of £290,402 means this house is valued at £4,760 per sq meter (£442 per sq foot).
The average size of a house on WODECROFT ROAD is 81 sq meters (875 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Aydon Road |
| Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Aydon Road |
| Jul 2024 | Anti-social behaviour | On or near Aydon Road | |
| Jul 2024 | Anti-social behaviour | On or near Aydon Road | |
| Jul 2024 | Anti-social behaviour | On or near Aydon Road |