£294,208
This estimated value is based upon the latest sale price for the house of £295,000 on 10 Aug 2022. 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 |
---|---|
£295,000 | 10 Aug 2022 |
£275,000 | 16 Feb 2018 |
Flats/Maisonettes |
Leasehold |
Floor Area: 119 sq meters or 1,280 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 2022 the House Price Index for LUTON was 149.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.268%.Applying this -0.268% change to the original purchase price of £295,000 results in an estimated price of approximately £294,208.
10 Aug 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
149.0 | 148.6 | -0.268 % | £295,000 | £-791 | £294,208 |
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 | -12.333 % | £-36,382 | £258,617 |
3 Month Average | -7.197 % | £-21,231 | £273,768 |
6 Month Average | 7.384 % | £21,782 | £316,782 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Sep 2023 | £354,533 | £350,000 | 18 GRANSDEN CLOSE |
20 Jun 2023 | £280,903 | £277,500 | 34 ST OLAMS CLOSE |
16 Jun 2023 | £344,169 | £340,000 | 16 GRANSDEN CLOSE |
31 Mar 2023 | £272,568 | £270,000 | 36 ST OLAMS CLOSE |
27 Jan 2023 | £413,054 | £415,000 | 201 ICKNIELD WAY |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 2 Feb 2018. Using an estimated price of £294,208 means this house is valued at £2,472 per sq meter (£229 per sq foot).
The average size of a house on CATSBROOK ROAD is 73 sq meters (785 sq feet).
This house is the largest in the street with a floor area of 119 sq meters (1,280 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near St Olam'S Close |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near St Olam'S Close |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sandalwood Close |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Gransden Close |
Jan 2024 | Burglary | Awaiting court outcome | On or near Gransden Close |