£404,441
This estimated value is based upon the latest sale price for the house of £230,000 on 19 May 2006. 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 |
|---|---|
| £230,000 | 19 May 2006 |
| £128,500 | 31 Aug 1999 |
| Detached |
| Freehold |
| Floor Area: 135 sq meters or 1,453 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 2006 the House Price Index for LUTON was 85.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 75.844%.Applying this 75.844% change to the original purchase price of £230,000 results in an estimated price of approximately £404,441.
| 19 May 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 149.7 | 75.844 % | £230,000 | £174,441 | £404,441 |
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 | 210.585 % | £484,345 | £714,345 |
| 3 Month Average | 97.007 % | £223,116 | £453,116 |
| 6 Month Average | 97.242 % | £223,656 | £453,656 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Oct 2023 | £473,248 | £462,500 | 65 GRAHAM GARDENS |
| 15 Sep 2023 | £365,558 | £357,500 | 74 ST MICHAELS CRESCENT |
| 25 Apr 2023 | £407,624 | £400,000 | 102 ST MICHAELS CRESCENT |
| 26 Sep 2022 | £459,693 | £460,000 | 1 GRAHAM GARDENS |
| 30 Sep 2021 | £396,233 | £365,000 | 49 GRAHAM GARDENS |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 12 May 2016. Using an estimated price of £404,441 means this house is valued at £2,995 per sq meter (£278 per sq foot).
The average size of a house on GRAHAM GARDENS is 108 sq meters (1,171 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Graham Gardens |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Graham Gardens |
| Jul 2024 | Other crime | Unable to prosecute suspect | On or near Graham Gardens |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near St Michael'S Crescent |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Fountains Road |