£500,229
This estimated value is based upon the latest sale price for the house of £350,000 on 14 Aug 2015. 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 |
|---|---|
| £350,000 | 14 Aug 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 132 sq meters or 1,420 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 August 2015 the House Price Index for LUTON was 104.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 42.923%.Applying this 42.923% change to the original purchase price of £350,000 results in an estimated price of approximately £500,229.
| 14 Aug 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 148.6 | 42.923 % | £350,000 | £150,229 | £500,229 |
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 | 31.097 % | £108,837 | £458,837 |
| 3 Month Average | 17.601 % | £61,604 | £411,604 |
| 6 Month Average | 36.425 % | £127,486 | £477,486 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 May 2022 | £484,122 | £475,000 | 21 AVEBURY AVENUE |
| 24 Jan 2022 | £545,147 | £518,000 | 18 AVEBURY AVENUE |
| 3 Dec 2021 | £441,407 | £412,000 | 82 MARSTON GARDENS |
| 10 Jun 2021 | £466,722 | £435,000 | 42 MARSTON GARDENS |
| 7 May 2021 | £355,962 | £315,000 | 2 WESTLECOTE GARDENS |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 2 Jun 2015. Using an estimated price of £500,230 means this house is valued at £3,789 per sq meter (£352 per sq foot).
The average size of a house on MARSTON GARDENS is 130 sq meters (1,409 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Marston Gardens | |
| Jan 2024 | Drugs | Under investigation | On or near Marston Gardens |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Marston Gardens |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Marston Gardens |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kingsdown Avenue |