£352,810
This estimated value is based upon the latest sale price for the house of £325,000 on 30 Sep 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 |
|---|---|
| £325,000 | 30 Sep 2021 |
| £230,000 | 17 Jul 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 September 2021 the House Price Index for LUTON was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £325,000 results in an estimated price of approximately £352,810.
| 30 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £325,000 | £27,810 | £352,810 |
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 | -2.645 % | £-8,597 | £316,402 |
| 3 Month Average | 17.799 % | £57,846 | £382,846 |
| 6 Month Average | 5.933 % | £19,282 | £344,282 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Mar 2024 | £228,511 | £225,000 | 1 THE CREST |
| 15 Dec 2023 | £340,462 | £330,000 | 3 THE FURROWS |
| 1 Sep 2023 | £368,115 | £360,000 | 3 MARRIOTT ROAD |
| 27 Feb 2023 | £327,186 | £325,000 | 38 THE FURROWS |
| 17 Feb 2023 | £318,125 | £316,000 | 65 GOOSEBERRY HILL |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 19 Dec 2019. Using an estimated price of £352,810 means this house is valued at £4,102 per sq meter (£381 per sq foot).
The average size of a house on GOOSEBERRY HILL is 83 sq meters (897 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pegsdon Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near The Crest |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near The Crest |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near The Crest |
| Aug 2024 | Anti-social behaviour | On or near Gooseberry Hill |