£299,026
This estimated value is based upon the latest sale price for the house of £160,500 on 8 May 2009. 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 |
|---|---|
| £160,500 | 8 May 2009 |
| £68,500 | 11 Jul 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 May 2009 the House Price Index for LUTON was 80.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 86.309%.Applying this 86.309% change to the original purchase price of £160,500 results in an estimated price of approximately £299,026.
| 8 May 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 149.7 | 86.309 % | £160,500 | £138,526 | £299,026 |
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 | 87.923 % | £141,116 | £301,616 |
| 3 Month Average | 105.594 % | £169,479 | £329,979 |
| 6 Month Average | 103.613 % | £166,298 | £326,798 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £343,725 | £335,000 | 23 NUNNERY LANE |
| 12 Apr 2023 | £356,671 | £350,000 | 6 NUNNERY LANE |
| 17 Feb 2023 | £156,042 | £155,000 | 32 BANCROFT ROAD |
| 27 Jul 2022 | £328,289 | £325,000 | 12 BRITANNIA AVENUE |
| 31 Mar 2022 | £417,573 | £400,000 | 24 BANCROFT ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 20 Oct 2021. Using an estimated price of £299,026 means this house is valued at £3,602 per sq meter (£334 per sq foot).
The average size of a house on NUNNERY LANE is 102 sq meters (1,100 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Under investigation | On or near Nunnery Lane |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nunnery Lane |
| Aug 2024 | Anti-social behaviour | On or near Nunnery Lane | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nunnery Lane |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Nunnery Lane |