£511,850
This estimated value is based upon the latest sale price for the house of £415,000 on 16 Jul 2019. 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 |
|---|---|
| £415,000 | 16 Jul 2019 |
| Terraced |
| Freehold |
| Floor Area: 144 sq meters or 1,550 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 July 2019 the House Price Index for LUTON was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £415,000 results in an estimated price of approximately £511,850.
| 16 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £415,000 | £96,850 | £511,850 |
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 | 5.231 % | £21,710 | £436,710 |
| 3 Month Average | -0.658 % | £-2,729 | £412,270 |
| 6 Month Average | 12.675 % | £52,600 | £467,600 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2023 | £625,897 | £620,000 | 12 STRATTON GARDENS |
| 4 Jan 2023 | £517,562 | £520,000 | 13 STRATTON GARDENS |
| 28 Apr 2022 | £500,482 | £486,000 | 72 MANTON DRIVE |
| 24 Jan 2022 | £545,147 | £518,000 | 18 AVEBURY AVENUE |
| 17 Dec 2021 | £562,473 | £525,000 | 305 NEW BEDFORD ROAD |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 5 Jun 2017. Using an estimated price of £511,851 means this house is valued at £3,554 per sq meter (£330 per sq foot).
The average size of a house on STRATTON GARDENS is 126 sq meters (1,360 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Kingsdown Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kingsdown Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kingsdown Avenue |
| Feb 2024 | Anti-social behaviour | On or near Kingsdown Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Kingsdown Avenue |