16, Olympic Court Cannon Lane, Luton, LU2 8DA is a leasehold flat built between 2007-2011. The property offers approximately 786 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £220,447 , which equates to approximately £281 per square foot. It was last sold on 13 Apr 2023 for £220,000. Since then, the value has increased by £447, representing a 0.2% increase, or approximately 0.1% per year.

The current estimated value of £220,447 is:

  • 36.8% lower than the average property price on Cannon Lane
  • 7.1% higher than the average in the LU2 8DA postcode area
  • and 32.3% lower than the average price for Luton as a whole

At the most recent EPC inspection on 16 December 2022, the property was recorded as owner-occupied.

View sold house prices in LU2 8DA

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
786 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£220,447
Price Per sq ft (estimate)
£281
Bedroom Count (estimate)
2 bedrooms

EPC Summary

16, Olympic Court Cannon Lane, Luton, LU2 8DA has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 16 Dec 2022.

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 26 Oct 2011. The rating of B is unchanged, though the energy efficiency score decreased by 3.4%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from (other premises above) to (another dwelling above), with no change in energy efficiency (n/a).
  • The wall construction or insulation changed from average thermal transmittance 0.24 w/m?k to cavity wall, as built, insulated (assumed), changing energy efficiency from very good to good.
  • The lighting was updated from low energy lighting in 38% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to LU2 8DA

4 th / 25
Price Rank
7% higher than average
2 nd / 25
Size Rank
42% bigger than average
17 th / 25
Price Per Sq FT Rank
25% lower than average

Compared to other properties in LU2 8DA , this flat's estimated value ranks 4th out of 25. Based on price per square foot, it ranks 17th out of 25 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 2nd out of 25 properties in its postcode area.

Sale History

Today
£220,447
streetscan.co.uk estimate
+0 %
13 Apr 2023
£220,000
Leasehold
+4.8 %
29 Sep 2014
£210,000
Leasehold

Area Insights

Nearby Properties

rooms: 2
size: 538 sq ft
sale price: £165,000
sale date: 29 Aug 2024
rooms:
size: 556 sq ft
sale price: £160,000
sale date: 16 Jun 2017
rooms:
size: 802 sq ft
sale price: £225,950
sale date: 4 Nov 2011
rooms:
size: 526 sq ft
sale price: £163,950
sale date: 11 Nov 2011
rooms:
size: 774 sq ft
sale price: £218,450
sale date: 30 Jan 2012

Data Sources

The property at 16, Olympic Court Cannon Lane, Luton, LU2 8DA appears two times in the Land Registry records, with the latest transaction recorded on 13 Apr 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Dec 2022. 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.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.