£492,495
This estimated value is based upon the latest sale price for the house of £393,000 on 23 Mar 2018. This value is then adjusted by the current Official House Price Index for LUTON 1
Get our free house price tracker.
1A Riddy Lane, Luton, LU3 2AD
Phone: 01582955943
| Price Paid | Date |
|---|---|
| £393,000 | 23 Mar 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 2018 the House Price Index for LUTON was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £393,000 results in an estimated price of approximately £492,495.
| 23 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 148.6 | 25.317 % | £393,000 | £99,495 | £492,495 |
The Postcode Pricing Model uses changes in average sales price within the LU2 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 | 13.306 % | £52,292 | £445,292 |
| 3 Month Average | 2.529 % | £9,940 | £402,940 |
| 6 Month Average | 11.818 % | £46,445 | £439,445 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £510,497 | £505,000 | 38 WYCHWOOD AVENUE |
| 28 Oct 2022 | £603,502 | £610,000 | 110 ELMWOOD CRESCENT |
| 17 Dec 2021 | £492,833 | £460,000 | 41 WYCHWOOD AVENUE |
| 15 Oct 2021 | £525,577 | £475,000 | 80 WYCHWOOD AVENUE |
| 28 May 2021 | £457,665 | £405,000 | 1 PRIORY GARDENS |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 16 Jan 2018. Using an estimated price of £492,496 means this house is valued at £4,974 per sq meter (£462 per sq foot).
The average size of a house on ELMWOOD CRESCENT is 113 sq meters (1,223 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wychwood Avenue |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wychwood Avenue |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Knoll Rise |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Knoll Rise |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Elmwood Crescent |