£193,825
This estimated value is based upon the latest sale price for the house of £128,500 on 17 Jul 2014. This value is then adjusted by the current Official House Price Index for LUTON 1
There has been one burglary within the last year on or near Freeman Avenue
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1A Riddy Lane, Luton, LU3 2AD
Phone: 01582955943
Price Paid | Date |
---|---|
£128,500 | 17 Jul 2014 |
Semi-Detached |
Freehold |
Floor Area: 40 sq meters or 430 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 July 2014 the House Price Index for LUTON was 97.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 50.837%.Applying this 50.837% change to the original purchase price of £128,500 results in an estimated price of approximately £193,825.
17 Jul 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
97.3 | 146.7 | 50.837 % | £128,500 | £65,325 | £193,825 |
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 | 55.258 % | £71,006 | £199,506 |
3 Month Average | 72.752 % | £93,486 | £221,986 |
6 Month Average | 88.341 % | £113,518 | £242,018 |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 13 Mar 2014.
There is one other house on the street which we know the size of, this is 18 SORRELL CLOSE it is 39.0
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Freeman Avenue |
Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Freeman Avenue |
Mar 2024 | Shoplifting | Under investigation | On or near Freeman Avenue |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Freeman Avenue |
Mar 2024 | Anti-social behaviour | On or near Freeman Avenue |