34 The Ridings, Luton, LU3 1BY is a leasehold flat built between 1996-2002. The property offers approximately 452 square feet of living space and is situated on the 4th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £112,508 , which equates to approximately £249 per square foot. It was last sold on 2 Nov 2018 for £110,000. Since then, the value has increased by £2,508, representing a 2.3% increase, or approximately 0.3% per year.

The current estimated value of £112,508 is:

  • 27.0% lower than the average property price on The Ridings
  • 29.8% lower than the average in the LU3 1BY postcode area
  • and 63.6% lower than the average price for Luton as a whole

View sold house prices in LU3 1BY

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
452 sq ft
Tenure
Leasehold
Floor level
4th floor
Price (estimate)
£112,508
Price Per sq ft (estimate)
£249
Bedroom Count (estimate)
1 bedroom

EPC Summary

34 The Ridings, Luton, LU3 1BY has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 2 Dec 2016.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are single glazed.

The previous EPC assessment was conducted on 29 Sep 2013, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 15.6%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 200 mm loft insulation to pitched, 75 mm loft insulation, changing energy efficiency from good to average.
  • The windows were upgraded from partial double glazing to single glazed.
  • The lighting was changed from low energy lighting in 83% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, 75 mm loft insulation
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to LU3 1BY

56 th / 59
Price Rank
30% lower than average
45 th / 55
Size Rank
17% smaller than average
45 th / 55
Price Per Sq FT Rank
16% lower than average

Compared to other properties in LU3 1BY , this flat's estimated value ranks 56th out of 59. Based on price per square foot, it ranks 45th out of 55 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 45th out of 55 properties in its postcode area.

Sale History

Today
£112,508
streetscan.co.uk estimate
+2 %
2 Nov 2018
£110,000
Leasehold
+46.7 %
13 Oct 2017
£75,000
Leasehold
+36.4 %
8 Mar 2013
£55,000
Leasehold
+77.4 %
3 Oct 2001
£31,000
Leasehold
+37.8 %
10 Jul 1998
£22,500
Leasehold

Area Insights

Similar Properties Sold Nearby

28 The Ridings, Luton, LU3 1BY
rooms: 2
size: 452 sq ft
sale price: £133,000
sale date: 22 Mar 2024
25 The Ridings, Luton, LU3 1BY
rooms: 2
size: 463 sq ft
sale price: £130,000
sale date: 29 Jun 2023
80 The Ridings, Luton, LU3 1BY
rooms: 2
size: 409 sq ft
sale price: £102,500
sale date: 30 Nov 2020
32 The Ridings, Luton, LU3 1BY
rooms: 2
size: 452 sq ft
sale price: £128,000
sale date: 30 Aug 2019
15 The Ridings, Luton, LU3 1BY
rooms: 2
size: 495 sq ft
sale price: £135,000
sale date: 28 Apr 2017

Data Sources

The property at 34 The Ridings, Luton, LU3 1BY appears five times in the Land Registry records, with the latest transaction recorded on 2 Nov 2018. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 2 Dec 2016. 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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