£344,687
This estimated value is based upon the latest sale price for the house of £320,000 on 8 Nov 2021. 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 | 8 Nov 2021 |
| 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 November 2021 the House Price Index for LUTON was 137.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.715%.Applying this 7.715% change to the original purchase price of £320,000 results in an estimated price of approximately £344,687.
| 8 Nov 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.0 | 7.715 % | £320,000 | £24,687 | £344,687 |
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 | 22.109 % | £70,750 | £390,750 |
| 3 Month Average | -10.240 % | £-32,768 | £287,231 |
| 6 Month Average | 10.650 % | £34,078 | £354,078 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £351,653 | £345,000 | 68 ROSSLYN CRESCENT |
| 19 Nov 2021 | £340,378 | £316,000 | 50 ROSSLYN CRESCENT |
| 8 Nov 2021 | £344,687 | £320,000 | 42 ROSSLYN CRESCENT |
| 8 Sep 2021 | £367,049 | £342,000 | 64 ROSSLYN CRESCENT |
| 28 Jun 2021 | £352,635 | £330,000 | 39 ROSSLYN CRESCENT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rosslyn Crescent |
| 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 |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Midhurst Gardens |
| Feb 2024 | Anti-social behaviour | On or near Midhurst Gardens |