2, Olympic Court Cannon Lane, Luton, LU2 8DA is a leasehold flat built between 2007-2011. The property offers approximately 517 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 £159,697 , which equates to approximately £309 per square foot. It was last sold on 12 Nov 2021 for £155,000. Since then, the value has increased by £4,697, representing a 3.0% increase, or approximately 0.7% per year.

The current estimated value of £159,697 is:

  • 54.2% lower than the average property price on Cannon Lane
  • 22.4% lower than the average in the LU2 8DA postcode area
  • and 50.9% lower than the average price for Luton as a whole

At the most recent EPC inspection on 3 November 2021, 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
517 sq ft
Tenure
Leasehold
Price (estimate)
£159,697
Price Per sq ft (estimate)
£309
Bedroom Count (estimate)
1 bedroom

EPC Summary

2, Olympic Court Cannon Lane, Luton, LU2 8DA has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 3 Nov 2021.

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 remains the same, but the energy efficiency score improved by 1.2%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from average to poor, while the heating system type remained the same (electric storage heaters).
  • 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 0.27 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 33% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Electric storage heaters
Poor
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

24 th / 25
Price Rank
22% lower than average
12 th / 25
Size Rank
7% smaller than average
23 rd / 25
Price Per Sq FT Rank
17% lower than average

Compared to other properties in LU2 8DA , this flat's estimated value ranks 24th out of 25. Based on price per square foot, it ranks 23th 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 12th out of 25 properties in its postcode area.

Sale History

Today
£159,697
streetscan.co.uk estimate
+3 %
12 Nov 2021
£155,000
Leasehold

Area Insights

Similar Properties Sold Nearby

29, Olympic Court Cannon Lane, Luton, LU2 8DA
rooms: 2
size: 538 sq ft
sale price: £165,000
sale date: 29 Aug 2024
22, Olympic Court Cannon Lane, Luton, LU2 8DA
rooms: 2
size: 538 sq ft
sale price: £161,500
sale date: 30 Nov 2023
14, Olympic Court Cannon Lane, Luton, LU2 8DA
rooms: 2
size: 495 sq ft
sale price: £172,000
sale date: 21 Nov 2022
27, Olympic Court Cannon Lane, Luton, LU2 8DA
rooms: 2
size: 538 sq ft
sale price: £165,000
sale date: 18 Aug 2022
3, Olympic Court Cannon Lane, Luton, LU2 8DA
rooms: 2
size: 452 sq ft
sale price: £160,000
sale date: 12 Aug 2022

Data Sources

The property at 2, Olympic Court Cannon Lane, Luton, LU2 8DA appears once in the Land Registry records, with the transaction recorded on 12 Nov 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 3 Nov 2021. 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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