£312,970
This estimated value is based upon the latest sale price for the house of £255,000 on 22 Oct 2018. 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 |
|---|---|
| £255,000 | 22 Oct 2018 |
| £185,000 | 12 Mar 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 63 sq meters or 678 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 October 2018 the House Price Index for LUTON was 120.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.733%.Applying this 22.733% change to the original purchase price of £255,000 results in an estimated price of approximately £312,970.
| 22 Oct 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.0 | 22.733 % | £255,000 | £57,970 | £312,970 |
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 | 64.047 % | £163,320 | £418,320 |
| 3 Month Average | 10.214 % | £26,045 | £281,045 |
| 6 Month Average | 24.745 % | £63,099 | £318,099 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Mar 2023 | £291,576 | £290,000 | 22 LABURNUM GROVE |
| 18 Jan 2023 | £361,822 | £365,000 | 19 LABURNUM CLOSE |
| 28 Nov 2022 | £393,617 | £400,000 | 133 GOOSEBERRY HILL |
| 23 Aug 2022 | £178,792 | £180,000 | 7 LABURNUM CLOSE |
| 26 Jul 2022 | £429,420 | £430,000 | 5 CLAYDON CLOSE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 15 Nov 2016. Using an estimated price of £312,970 means this house is valued at £4,967 per sq meter (£461 per sq foot).
The average size of a house on LABURNUM GROVE is 77 sq meters (833 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Laburnum Grove |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Laburnum Grove |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Aydon Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Aydon Road |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Aydon Road |