1B Oak Road, Luton, LU4 8AA is a leasehold flat built between 1976-1982. The property offers approximately 463 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £68,472 , which equates to approximately £148 per square foot. It was last sold on 19 Dec 2019 for £60,000. Since then, the value has increased by £8,472, representing a 14.1% increase, or approximately 2.4% per year.

The current estimated value of £68,472 is:

  • 66.0% lower than the average property price on Oak Road
  • 66.7% lower than the average in the LU4 8AA postcode area
  • and 79.0% lower than the average price for Luton as a whole

View sold house prices in LU4 8AA

Building approximate location

About Property

Type
Flat
Built
1976-1982
Interior Size
463 sq ft
Tenure
Leasehold
Price (estimate)
£68,472
Price Per sq ft (estimate)
£148
Bedroom Count (estimate)
1 bedroom

EPC Summary

1B Oak Road, Luton, LU4 8AA has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 16 Nov 2019.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 16 Jan 2009, when the property was rated B. The current rating of D reflects a decline in energy efficiency of 21%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from flat, insulated (assumed) to flat, limited insulation (assumed), changing energy efficiency from good to poor.
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to cavity wall, as built, partial insulation (assumed), changing energy efficiency from good to average.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Flat, limited insulation (assumed)
Poor
Walls
Cavity wall, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to LU4 8AA

37 th / 38
Price Rank
67% lower than average
29 th / 29
Size Rank
41% smaller than average
27 th / 29
Price Per Sq FT Rank
44% lower than average

Compared to other properties in LU4 8AA , this flat's estimated value ranks 37th out of 38. Based on price per square foot, it ranks 27th out of 29 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 29th out of 29 properties in its postcode area.

Sale History

Today
£68,472
streetscan.co.uk estimate
+14 %
19 Dec 2019
£60,000
Leasehold
-11.1 %
12 May 2016
£67,500
Leasehold

Area Insights

Similar Properties Sold Nearby

1A Oak Road, Luton, LU4 8AA
rooms: 3
size: 506 sq ft
sale price: £65,000
sale date: 3 Sep 2021

Data Sources

The property at 1B Oak Road, Luton, LU4 8AA appears two times in the Land Registry records, with the latest transaction recorded on 19 Dec 2019. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Nov 2019. 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.
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