£460,738
This estimated value is based upon the latest sale price for the house of £320,000 on 25 Aug 2015. 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 |
|---|---|
| £320,000 | 25 Aug 2015 |
| £190,000 | 27 Mar 2002 |
| £95,000 | 9 Sep 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,143 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 August 2015 the House Price Index for LUTON was 104.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 43.981%.Applying this 43.981% change to the original purchase price of £320,000 results in an estimated price of approximately £460,738.
| 25 Aug 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 149.7 | 43.981 % | £320,000 | £140,738 | £460,738 |
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 | 5.122 % | £16,389 | £336,389 |
| 3 Month Average | 30.481 % | £97,538 | £417,538 |
| 6 Month Average | 53.881 % | £172,420 | £492,420 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2023 | £400,158 | £390,000 | 22 GRAHAM GARDENS |
| 11 Oct 2023 | £373,483 | £365,000 | 91 WADHURST AVENUE |
| 28 Mar 2023 | £630,530 | £620,000 | 12 STRATTON GARDENS |
| 17 Jan 2023 | £591,581 | £590,000 | 251 NEW BEDFORD ROAD |
| 4 Jan 2023 | £521,393 | £520,000 | 13 STRATTON GARDENS |
This house has a floor area of 106 sq meters or 1,143 sq feet when measured on 15 Jan 2011. Using an estimated price of £460,738 means this house is valued at £4,336 per sq meter (£402 per sq foot).
The average size of a house on NEW BEDFORD ROAD is 115 sq meters (1,239 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near A6 |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Bideford Gardens |
| Jun 2024 | Anti-social behaviour | On or near Bideford Gardens | |
| Jun 2024 | Anti-social behaviour | On or near Bideford Gardens | |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bideford Gardens |