£383,222
This estimated value is based upon the latest sale price for the house of £225,000 on 8 Sep 2006. 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 |
|---|---|
| £225,000 | 8 Sep 2006 |
| 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 September 2006 the House Price Index for LUTON was 87.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.321%.Applying this 70.321% change to the original purchase price of £225,000 results in an estimated price of approximately £383,222.
| 8 Sep 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 148.6 | 70.321 % | £225,000 | £158,222 | £383,222 |
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 | 79.313 % | £178,453 | £403,453 |
| 3 Month Average | 77.337 % | £174,007 | £399,007 |
| 6 Month Average | 94.210 % | £211,971 | £436,971 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jan 2023 | £398,120 | £399,995 | 14 HOLMBROOK AVENUE |
| 12 Jan 2023 | £211,006 | £212,000 | 5 HOLMBROOK AVENUE |
| 15 Jul 2022 | £422,136 | £421,000 | 18 HOLMBROOK AVENUE |
| 8 Mar 2022 | £453,365 | £437,500 | 20 BROUGHTON AVENUE |
| 30 Nov 2021 | £547,246 | £506,000 | 8 RACKHAM DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Rosslyn Crescent |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Rosslyn Crescent |
| Feb 2024 | Theft from the person | Under investigation | On or near Riddy Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rackham Drive |
| Mar 2024 | Possession of weapons | Action to be taken by another organisation | On or near Rackham Drive |