29, 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 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £170,178 , which equates to approximately £316 per square foot. It was last sold on 29 Aug 2024 for £165,000. Since then, the value has increased by £5,178, representing a 3.1% increase, or approximately 2.5% per year.

The current estimated value of £170,178 is:

  • 51.2% lower than the average property price on Cannon Lane
  • 17.3% lower than the average in the LU2 8DA postcode area
  • and 47.7% lower than the average price for Luton as a whole

At the most recent EPC inspection on 17 January 2023, 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
2nd floor
Price (estimate)
£170,178
Price Per sq ft (estimate)
£316
Bedroom Count (estimate)
1 bedroom

EPC Summary

29, Olympic Court Cannon Lane, Luton, LU2 8DA has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 17 Jan 2023.

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 16.9%.

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, insulated (assumed), 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 38% 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, standard tariff
Very Poor
Roof
Pitched, insulated (assumed)
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

22 nd / 25
Price Rank
17% lower than average
7 th / 25
Size Rank
3% smaller than average
22 nd / 25
Price Per Sq FT Rank
15% lower than average

Compared to other properties in LU2 8DA , this flat's estimated value ranks 22th out of 25. Based on price per square foot, it ranks 22th 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 7th out of 25 properties in its postcode area.

Sale History

Today
£170,178
streetscan.co.uk estimate
+3 %
29 Aug 2024
£165,000
Leasehold

Area Insights

Similar Properties Sold Nearby

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
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 29, Olympic Court Cannon Lane, Luton, LU2 8DA appears once in the Land Registry records, with the transaction recorded on 29 Aug 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 17 Jan 2023. 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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