27, Olympic Court Cannon Lane, Luton, LU2 8DA is a leasehold flat built between 2003-2006. The property offers approximately 538 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £163,016 , which equates to approximately £303 per square foot. It was last sold on 18 Aug 2022 for £165,000. Since then, the value has decreased by £1,984, representing a 1.2% decrease, or approximately 0.4% per year.

The current estimated value of £163,016 is:

  • 53.2% lower than the average property price on Cannon Lane
  • 20.8% lower than the average in the LU2 8DA postcode area
  • and 49.9% lower than the average price for Luton as a whole

At the most recent EPC inspection on 19 January 2022, the property was recorded as owner-occupied.

View sold house prices in LU2 8DA

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
538 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£163,016
Price Per sq ft (estimate)
£303
Bedroom Count (estimate)
1 bedroom

EPC Summary

27, Olympic Court Cannon Lane, Luton, LU2 8DA has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 19 Jan 2022.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 26 Oct 2011, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 15.1%.

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 system was changed from electric immersion, off-peak to electric immersion, standard tariff, with its energy efficiency changing from average to very poor.
  • The roof construction or insulation changed from average thermal transmittance 0.11 w/m?k to pitched, 300 mm loft insulation, with no change in energy efficiency (very good).
  • 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 43% of fixed outlets to no low energy lighting, with efficiency changing from average to very poor.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Roof
Pitched, 300 mm loft insulation
Very Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
No low energy lighting
Very Poor

Compared to LU2 8DA

23 rd / 25
Price Rank
21% lower than average
8 th / 25
Size Rank
3% smaller than average
25 th / 25
Price Per Sq FT Rank
19% lower than average

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

Sale History

Today
£163,016
streetscan.co.uk estimate
-1 %
18 Aug 2022
£165,000
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
28, Olympic Court Cannon Lane, Luton, LU2 8DA
rooms: 2
size: 517 sq ft
sale price: £160,000
sale date: 24 Mar 2022
2, Olympic Court Cannon Lane, Luton, LU2 8DA
rooms: 2
size: 517 sq ft
sale price: £155,000
sale date: 12 Nov 2021

Data Sources

The property at 27, Olympic Court Cannon Lane, Luton, LU2 8DA appears once in the Land Registry records, with the transaction recorded on 18 Aug 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 19 Jan 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.
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