16 The Ridings, Luton, LU3 1BY is a leasehold flat built between 1976-1982. The property offers approximately 495 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 £105,492 , which equates to approximately £213 per square foot. It was last sold on 25 Jun 2014 for £71,000. Since then, the value has increased by £34,492, representing a 48.6% increase, or approximately 4.2% per year.

The current estimated value of £105,492 is:

  • 31.5% lower than the average property price on The Ridings
  • 34.1% lower than the average in the LU3 1BY postcode area
  • and 65.9% lower than the average price for Luton as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 10 June 2024, the property was recorded as owner-occupied.

View sold house prices in LU3 1BY

Building approximate location

About Property

Type
Terraced Maisonette
Built
1976-1982
Interior Size
495 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£105,492
Price Per sq ft (estimate)
£213
Bedroom Count (estimate)
1 bedroom

EPC Summary

16 The Ridings, Luton, LU3 1BY has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 10 Jun 2024.

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

The previous EPC assessment was conducted on 19 Nov 2013. The rating of D remains the same, but the energy efficiency score improved by 4.8%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from average to very poor.
  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The roof construction or insulation changed from pitched, limited insulation (assumed) to pitched, 200 mm loft insulation, improving energy efficiency from poor to good.
  • The wall construction or insulation changed from cavity wall, as built, partial insulation (assumed) to timber frame, as built, insulated (assumed), improving energy efficiency from average to good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Roof
Pitched, 200 mm loft insulation
Good
Walls
Timber frame, as built, insulated (assumed)
Good
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in 80% of fixed outlets
Very Good

Compared to LU3 1BY

58 th / 59
Price Rank
34% lower than average
39 th / 55
Size Rank
9% smaller than average
50 th / 55
Price Per Sq FT Rank
28% lower than average

Compared to other properties in LU3 1BY , this maisonette's estimated value ranks 58th out of 59. Based on price per square foot, it ranks 50th out of 55 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 39th out of 55 properties in its postcode area.

Sale History

Today
£105,492
streetscan.co.uk estimate
+49 %
25 Jun 2014
£71,000
Leasehold
+317.6 %
1 Nov 1996
£17,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 452 sq ft
sale price: £133,000
sale date: 22 Mar 2024
rooms: 3
size: 495 sq ft
sale price: £92,500
sale date: 8 Feb 2024
rooms: 2
size: 463 sq ft
sale price: £130,000
sale date: 29 Jun 2023
rooms: 2
size: 452 sq ft
sale price: £128,000
sale date: 30 Aug 2019
rooms: 1
size: 452 sq ft
sale price: £110,000
sale date: 2 Nov 2018

Data Sources

The property at 16 The Ridings, Luton, LU3 1BY appears two times in the Land Registry records, with the latest transaction recorded on 25 Jun 2014. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 10 Jun 2024. 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.