£481,597
This estimated value is based upon the latest sale price for the house of £390,000 on 13 Sep 2018. 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 |
|---|---|
| £390,000 | 13 Sep 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 2018 the House Price Index for LUTON was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £390,000 results in an estimated price of approximately £481,597.
| 13 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.487 % | £390,000 | £91,597 | £481,597 |
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 | 54.200 % | £211,379 | £601,379 |
| 3 Month Average | -1.798 % | £-7,012 | £382,987 |
| 6 Month Average | 6.370 % | £24,844 | £414,844 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2022 | £500,482 | £486,000 | 72 MANTON DRIVE |
| 4 Mar 2022 | £420,722 | £406,000 | 8 MARSTON GARDENS |
| 24 Jan 2022 | £545,147 | £518,000 | 18 AVEBURY AVENUE |
| 5 Nov 2021 | £502,904 | £465,000 | 105 MANTON DRIVE |
| 8 Oct 2021 | £608,563 | £550,000 | 1 MARSTON GARDENS |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 7 Mar 2018. Using an estimated price of £481,598 means this house is valued at £4,261 per sq meter (£395 per sq foot).
The average size of a house on MANTON DRIVE is 122 sq meters (1,316 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Marston Gardens | |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Marston Gardens |
| Jan 2024 | Drugs | Under investigation | On or near Marston Gardens |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Marston Gardens |
| Feb 2024 | Anti-social behaviour | On or near Priory Gardens |