£302,017
This estimated value is based upon the latest sale price for the house of £300,000 on 17 Feb 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 |
---|---|
£300,000 | 17 Feb 2023 |
Detached |
Freehold |
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 February 2023 the House Price Index for LUTON was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £300,000 results in an estimated price of approximately £302,017.
17 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
148.7 | 149.7 | 0.672 % | £300,000 | £2,017 | £302,017 |
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 | -13.709 % | £-41,127 | £258,872 |
3 Month Average | -14.249 % | £-42,747 | £257,252 |
6 Month Average | -11.430 % | £-34,291 | £265,708 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Oct 2023 | £455,342 | £445,000 | 4 CLAYDON CLOSE |
8 Sep 2023 | £298,582 | £292,000 | 13 LABURNUM CLOSE |
7 Mar 2023 | £371,199 | £365,000 | 107 GOOSEBERRY HILL |
3 Mar 2023 | £294,925 | £290,000 | 22 LABURNUM GROVE |
17 Feb 2023 | £302,017 | £300,000 | 29 LABURNUM GROVE |
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Laburnum Grove |
Jul 2024 | Anti-social behaviour | On or near Aydon Road | |
Jun 2024 | Anti-social behaviour | On or near Aydon Road | |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Aydon Road |
Jun 2024 | Anti-social behaviour | On or near Aydon Road |