£734,258
This estimated value is based upon the latest sale price for the house of £425,000 on 30 Nov 2010. 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 |
|---|---|
| £425,000 | 30 Nov 2010 |
| Detached |
| Freehold |
| Floor Area: 132 sq meters or 1,424 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 November 2010 the House Price Index for LUTON was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.767%.Applying this 72.767% change to the original purchase price of £425,000 results in an estimated price of approximately £734,258.
| 30 Nov 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 149.7 | 72.767 % | £425,000 | £309,258 | £734,258 |
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 | 36.360 % | £154,531 | £579,531 |
| 3 Month Average | 62.084 % | £263,855 | £688,855 |
| 6 Month Average | 82.066 % | £348,779 | £773,779 |
| 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 132 sq meters or 1,424 sq feet when measured on 6 Aug 2010. Using an estimated price of £734,259 means this house is valued at £5,548 per sq meter (£515 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 |