£347,018
This estimated value is based upon the latest sale price for the house of £286,000 on 27 Mar 2020. 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 |
|---|---|
| £286,000 | 27 Mar 2020 |
| £179,950 | 23 Aug 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 March 2020 the House Price Index for LUTON was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £286,000 results in an estimated price of approximately £347,018.
| 27 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £286,000 | £61,018 | £347,018 |
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 | -5.825 % | £-16,659 | £269,340 |
| 3 Month Average | 13.258 % | £37,919 | £323,919 |
| 6 Month Average | 16.244 % | £46,456 | £332,456 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jul 2024 | £285,000 | £285,000 | 21 PEGSDON CLOSE |
| 17 May 2024 | £330,000 | £330,000 | 23 PEGSDON CLOSE |
| 15 Dec 2023 | £340,462 | £330,000 | 3 THE FURROWS |
| 29 Sep 2023 | £290,402 | £284,000 | 121 WODECROFT ROAD |
| 1 Sep 2023 | £368,115 | £360,000 | 3 MARRIOTT ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 14 Jan 2020. Using an estimated price of £347,019 means this house is valued at £3,855 per sq meter (£358 per sq foot).
The average size of a house on GOOSEBERRY HILL is 83 sq meters (897 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Gooseberry Hill | |
| Aug 2024 | Anti-social behaviour | On or near Gooseberry Hill | |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pegsdon Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Furrows |
| Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Aydon Road |