£391,680
This estimated value is based upon the latest sale price for the house of £247,000 on 13 Apr 2007. 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 |
|---|---|
| £247,000 | 13 Apr 2007 |
| £179,800 | 5 Nov 2004 |
| £69,500 | 21 Dec 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 55 sq meters or 592 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 April 2007 the House Price Index for LUTON was 92.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 58.575%.Applying this 58.575% change to the original purchase price of £247,000 results in an estimated price of approximately £391,680.
| 13 Apr 2007 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.5 | 146.7 | 58.575 % | £247,000 | £144,680 | £391,680 |
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 | 88.635 % | £218,927 | £465,927 |
| 3 Month Average | 76.605 % | £189,213 | £436,213 |
| 6 Month Average | 91.977 % | £227,182 | £474,182 |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 24 Oct 2016.
The average size of a house on FOUNTAINS ROAD is 107 sq meters (1,154 sq feet).
This house is the smallest in the street with a floor area of 55 sq meters (592 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Culverhouse Road | |
| Mar 2024 | Drugs | Investigation complete; no suspect identified | On or near Culverhouse Road |
| Jan 2024 | Drugs | Under investigation | On or near Culverhouse Road |
| Jan 2024 | Other crime | Under investigation | On or near Culverhouse Road |
| Jan 2024 | Drugs | Unable to prosecute suspect | On or near Fountains Road |