28, 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 and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £162,639 , which equates to approximately £315 per square foot. It was last sold on 24 Mar 2022 for £160,000. Since then, the value has increased by £2,639, representing a 1.6% increase, or approximately 0.4% per year.

The current estimated value of £162,639 is:

  • 53.3% lower than the average property price on Cannon Lane
  • 21.0% lower than the average in the LU2 8DA postcode area
  • and 50.0% lower than the average price for Luton as a whole

At the most recent EPC inspection on 10 December 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
Floor level
2nd floor
Price (estimate)
£162,639
Price Per sq ft (estimate)
£315
Bedroom Count (estimate)
1 bedroom

EPC Summary

28, Olympic Court Cannon Lane, Luton, LU2 8DA has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 10 Dec 2021.

This property uses electric room 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, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 7%.

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 average thermal transmittance 0.11 w/m?k to pitched, 270 mm loft insulation, changing energy efficiency from very good to 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 33% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Roof
Pitched, 270 mm loft insulation
Good
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

19 th / 25
Price Rank
21% lower than average
16 th / 25
Size Rank
7% smaller than average
19 th / 25
Price Per Sq FT Rank
15% lower than average

Compared to other properties in LU2 8DA , this flat's estimated value ranks 19th out of 25. Based on price per square foot, it ranks 19th 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 16th out of 25 properties in its postcode area.

Sale History

Today
£162,639
streetscan.co.uk estimate
+2 %
24 Mar 2022
£160,000
Leasehold
-1.8 %
6 Dec 2019
£163,000
Leasehold
+1.9 %
12 Jul 2019
£160,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 538 sq ft
sale price: £165,000
sale date: 29 Aug 2024
rooms: 2
size: 538 sq ft
sale price: £161,500
sale date: 30 Nov 2023
rooms: 2
size: 495 sq ft
sale price: £172,000
sale date: 21 Nov 2022
rooms: 2
size: 538 sq ft
sale price: £165,000
sale date: 18 Aug 2022
rooms: 2
size: 452 sq ft
sale price: £160,000
sale date: 12 Aug 2022

Data Sources

The property at 28, Olympic Court Cannon Lane, Luton, LU2 8DA appears three times in the Land Registry records, with the latest transaction recorded on 24 Mar 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 10 Dec 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.