£413,136
This estimated value is based upon the latest sale price for the house of £305,000 on 7 Apr 2017. 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 |
---|---|
£305,000 | 7 Apr 2017 |
Detached |
Freehold |
Floor Area: 87 sq meters or 936 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 April 2017 the House Price Index for LUTON was 77.0.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 35.455%.Applying this 35.455% change to the original purchase price of £305,000 results in an estimated price of approximately £413,136.
7 Apr 2017 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
77.0 | 104.3 | 35.455 % | £305,000 | £108,136 | £413,136 |
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 | 18.617 % | £56,781 | £361,781 |
3 Month Average | 21.270 % | £64,872 | £369,872 |
6 Month Average | 24.352 % | £74,274 | £379,274 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Mar 2025 | £425,000 | £425,000 | 8 SNOWFORD CLOSE |
9 Dec 2024 | £469,402 | £455,000 | 27 LEAMINGTON ROAD |
28 Aug 2024 | £472,659 | £450,000 | 6 CUBBINGTON CLOSE |
25 Mar 2024 | £453,710 | £425,000 | 13 SNOWFORD CLOSE |
7 Mar 2024 | £533,777 | £500,000 | 14 LIGHTHORNE RISE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 29 Sep 2016. Using an estimated price of £413,136 means this house is valued at £4,748 per sq meter (£441 per sq foot).
The average size of a house on MORRELL CLOSE is 95 sq meters (1,028 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2025 | Anti-social behaviour | On or near Hardwick Green | |
Jan 2025 | Vehicle crime | Investigation complete; no suspect identified | On or near Wootton Close |
Mar 2025 | Vehicle crime | Investigation complete; no suspect identified | On or near Snowford Close |
Mar 2025 | Shoplifting | Investigation complete; no suspect identified | On or near Snowford Close |
Mar 2025 | Violence and sexual offences | Unable to prosecute suspect | On or near Cubbington Close |