£476,567
This estimated value is based upon the latest sale price for the house of £376,000 on 15 Sep 2017. 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 |
|---|---|
| £376,000 | 15 Sep 2017 |
| Detached |
| Freehold |
| Floor Area: 116 sq meters or 1,248 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 September 2017 the House Price Index for LUTON was 117.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.747%.Applying this 26.747% change to the original purchase price of £376,000 results in an estimated price of approximately £476,567.
| 15 Sep 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 148.6 | 26.747 % | £376,000 | £100,567 | £476,567 |
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 | 21.194 % | £79,688 | £455,688 |
| 3 Month Average | 16.483 % | £61,975 | £437,975 |
| 6 Month Average | 29.399 % | £110,541 | £486,541 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £202,729 | £200,000 | 28 SORREL CLOSE |
| 22 Dec 2021 | £187,491 | £175,000 | 22 SORREL CLOSE |
| 12 Nov 2021 | £275,786 | £255,000 | 34 SORREL CLOSE |
| 15 Oct 2021 | £608,563 | £550,000 | 2 LIGHTHORNE RISE |
| 20 Aug 2021 | £245,435 | £220,000 | 20 SPEEDWELL CLOSE |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 7 Feb 2017. Using an estimated price of £476,567 means this house is valued at £4,108 per sq meter (£381 per sq foot).
The average size of a house on LEAMINGTON ROAD is 119 sq meters (1,288 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Morrell Close | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Willenhall Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Willenhall Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Willenhall Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Willenhall Close |