£404,255
This estimated value is based upon the latest sale price for the house of £270,000 on 28 Nov 2014. 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 |
|---|---|
| £270,000 | 28 Nov 2014 |
| Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 November 2014 the House Price Index for LUTON was 99.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.724%.Applying this 49.724% change to the original purchase price of £270,000 results in an estimated price of approximately £404,255.
| 28 Nov 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 148.6 | 49.724 % | £270,000 | £134,255 | £404,255 |
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 | 49.613 % | £133,953 | £403,953 |
| 3 Month Average | 30.209 % | £81,564 | £351,564 |
| 6 Month Average | 52.171 % | £140,861 | £410,861 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jul 2023 | £522,026 | £515,000 | 7 KINGSDOWN AVENUE |
| 28 Mar 2023 | £625,897 | £620,000 | 12 STRATTON GARDENS |
| 4 Jan 2023 | £517,562 | £520,000 | 13 STRATTON GARDENS |
| 14 Apr 2022 | £586,985 | £570,000 | 57 KINGSDOWN AVENUE |
| 24 Jan 2022 | £545,147 | £518,000 | 18 AVEBURY AVENUE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 18 Jun 2013. Using an estimated price of £404,255 means this house is valued at £4,346 per sq meter (£403 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 | Violence and sexual offences | Under investigation | On or near Kingsdown Avenue |
| Feb 2024 | Anti-social behaviour | On or near Kingsdown Avenue |