24 The Ridings, Luton, LU3 1BY is a leasehold flat built between 1983-1990. 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 £108,116 , which equates to approximately £234 per square foot. It was last sold on 3 Oct 2016 for £101,000. Since then, the value has increased by £7,116, representing a 7.0% increase, or approximately 0.8% per year.

The current estimated value of £108,116 is:

  • 29.8% lower than the average property price on The Ridings
  • 32.5% lower than the average in the LU3 1BY postcode area
  • and 65.0% lower than the average price for Luton as a whole

At the most recent EPC inspection on 14 January 2020, the property was recorded as owner-occupied.

View sold house prices in LU3 1BY

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
463 sq ft
Tenure
Leasehold
Price (estimate)
£108,116
Price Per sq ft (estimate)
£234
Bedroom Count (estimate)
1 bedroom

EPC Summary

24 The Ridings, Luton, LU3 1BY has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 14 Jan 2020.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows have full secondary glazing.

The previous EPC assessment was conducted on 8 Nov 2008. The rating of D is unchanged, though the energy efficiency score decreased by 4.7%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The windows were upgraded from fully double glazed to full secondary glazing.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Full secondary glazing
Good
Lighting
No low energy lighting
Very Poor

Compared to LU3 1BY

47 th / 59
Price Rank
32% lower than average
42 nd / 55
Size Rank
15% smaller than average
34 th / 55
Price Per Sq FT Rank
21% lower than average

Compared to other properties in LU3 1BY , this flat's estimated value ranks 47th out of 59. Based on price per square foot, it ranks 34th out of 55 properties. In terms of size, this home ranks 42th out of 55 properties in its postcode area.

Sale History

Today
£108,116
streetscan.co.uk estimate
+7 %
3 Oct 2016
£101,000
Leasehold
+18.8 %
16 Mar 2007
£85,000
Leasehold
+23.2 %
19 Dec 2002
£69,000
Leasehold
+38 %
31 Jan 2002
£50,000
Leasehold
+88.7 %
19 Oct 1998
£26,500
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: 409 sq ft
sale price: £102,500
sale date: 30 Nov 2020
rooms: 2
size: 452 sq ft
sale price: £128,000
sale date: 30 Aug 2019

Data Sources

The property at 24 The Ridings, Luton, LU3 1BY appears five times in the Land Registry records, with the latest transaction recorded on 3 Oct 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 14 Jan 2020. 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.