£287,623
This estimated value is based upon the latest sale price for the house of £113,500 on 21 Nov 2002. This value is then adjusted by the current Official House Price Index for LUTON 1
There has been one burglary within the last year on or near Freeman Avenue
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1A Riddy Lane, Luton, LU3 2AD
Phone: 01582955943
Price Paid | Date |
---|---|
£113,500 | 21 Nov 2002 |
£93,000 | 14 Jun 2002 |
£45,500 | 17 May 1996 |
Terraced |
Freehold |
Floor Area: 58 sq meters or 624 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 2002 the House Price Index for LUTON was 57.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 153.413%.Applying this 153.413% change to the original purchase price of £113,500 results in an estimated price of approximately £287,623.
21 Nov 2002 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
57.9 | 146.7 | 153.413 % | £113,500 | £174,123 | £287,623 |
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 | 163.272 % | £185,313 | £298,813 |
3 Month Average | 147.511 % | £167,425 | £280,925 |
6 Month Average | 181.311 % | £205,788 | £319,288 |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 2 Jul 2021.
The average size of a house on SORREL CLOSE is 58 sq meters (631 sq feet).
This house is the largest in the street with a floor area of 58 sq meters (624 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Freeman Avenue |
Mar 2024 | Shoplifting | Under investigation | On or near Freeman Avenue |
Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Freeman Avenue |
Mar 2024 | Anti-social behaviour | On or near Freeman Avenue | |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Freeman Avenue |