£660,446
This estimated value is based upon the latest sale price for the house of £520,000 on 11 Aug 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 |
|---|---|
| £520,000 | 11 Aug 2017 |
| £500,000 | 25 Jun 2015 |
| £152,000 | 26 Jul 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 208 sq meters or 2,238 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 2017 the House Price Index for LUTON was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £520,000 results in an estimated price of approximately £660,446.
| 11 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.6 | 27.009 % | £520,000 | £140,446 | £660,446 |
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 | 7.751 % | £40,304 | £560,304 |
| 3 Month Average | -3.244 % | £-16,867 | £503,132 |
| 6 Month Average | 12.188 % | £63,378 | £583,378 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jul 2023 | £456,139 | £450,000 | 3 MANTON DRIVE |
| 28 Apr 2023 | £515,551 | £510,000 | 51 MANTON DRIVE |
| 26 Jan 2023 | £766,390 | £770,000 | 268 OLD BEDFORD ROAD |
| 4 Mar 2022 | £420,722 | £406,000 | 8 MARSTON GARDENS |
| 11 Nov 2021 | £1,016,623 | £940,000 | 244 OLD BEDFORD ROAD |
This house has a floor area of 208 sq meters or 2,238 sq feet when measured on 12 Mar 2015. Using an estimated price of £660,446 means this house is valued at £3,175 per sq meter (£294 per sq foot).
The average size of a house on PRIORY GARDENS is 142 sq meters (1,533 sq feet).
This house is the largest in the street with a floor area of 208 sq meters (2,238 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Possession of weapons | Unable to prosecute suspect | On or near Priory Gardens |
| Feb 2024 | Anti-social behaviour | On or near Priory Gardens | |
| Feb 2024 | Anti-social behaviour | On or near Priory Gardens | |
| Jan 2024 | Anti-social behaviour | On or near Priory Gardens | |
| Jan 2024 | Anti-social behaviour | On or near Priory Gardens |