16, Malzeard Court Malzeard Road, Luton, LU3 1BN is a leasehold flat built between 1950-1966. The property offers approximately 549 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £95,657 , which equates to approximately £174 per square foot. It was last sold on 9 Jul 2021 for £91,000. Since then, the value has increased by £4,657, representing a 5.1% increase, or approximately 1.2% per year.

The current estimated value of £95,657 is:

  • 56.5% lower than the average property price on Malzeard Road
  • 15.3% lower than the average in the LU3 1BN postcode area
  • and 70.6% lower than the average price for Luton as a whole

At the most recent EPC inspection on 19 May 2023, the property was recorded as rented.

View sold house prices in LU3 1BN

Building approximate location

About Property

Type
Flat
Built
1950-1966
Interior Size
549 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£95,657
Price Per sq ft (estimate)
£174
Bedroom Count (estimate)
1 bedroom

EPC Summary

16, Malzeard Court Malzeard Road, Luton, LU3 1BN has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 19 May 2023.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 16 May 2013, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 1.9%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency changing from poor to very poor, while the system remained as electric immersion, off-peak.
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to cavity wall, filled cavity, improving energy efficiency from poor to good.
  • The lighting was updated from low energy lighting in 20% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Very Poor
Walls
Cavity wall, filled cavity
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to LU3 1BN

11 th / 13
Price Rank
15% lower than average
4 th / 11
Size Rank
11% bigger than average
10 th / 11
Price Per Sq FT Rank
24% lower than average

Compared to other properties in LU3 1BN , this flat's estimated value ranks 11th out of 13. Based on price per square foot, it ranks 10th out of 11 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 4th out of 11 properties in its postcode area.

Sale History

Today
£95,657
streetscan.co.uk estimate
+5 %
9 Jul 2021
£91,000
Leasehold
+1.1 %
29 Nov 2006
£90,000
Leasehold
+73.1 %
2 Aug 2002
£52,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 538 sq ft
sale price: £82,000
sale date: 5 Feb 2021
rooms: 2
size: 606 sq ft
sale price: £74,000
sale date: 28 Jun 2019
rooms: 3
size: 560 sq ft
sale price: £127,000
sale date: 17 Oct 2018
rooms: 3
size: 549 sq ft
sale price: £160,000
sale date: 10 Oct 2018
rooms: 2
size: 527 sq ft
sale price: £124,000
sale date: 29 Jun 2018

Data Sources

The property at 16, Malzeard Court Malzeard Road, Luton, LU3 1BN appears three times in the Land Registry records, with the latest transaction recorded on 9 Jul 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 19 May 2023. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


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