38 Elgar Path, Luton, LU2 7RJ is a leasehold flat built between 1950-1966. The property offers approximately 624 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 £145,079 , which equates to approximately £232 per square foot. It was last sold on 31 Jan 2002 for £54,000. Since then, the value has increased by £91,079, representing a 168.7% increase, or approximately 7.1% per year.

The current estimated value of £145,079 is:

  • 32.0% lower than the average property price on Elgar Path
  • 36.5% lower than the average in the LU2 7RJ postcode area
  • and 55.4% lower than the average price for Luton as a whole

At the most recent EPC inspection on 13 March 2018, the property was recorded as owner-occupied.

View sold house prices in LU2 7RJ

Building approximate location

About Property

Type
Flat
Built
1950-1966
Interior Size
624 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£145,079
Price Per sq ft (estimate)
£232
Bedroom Count (estimate)
1 bedroom

EPC Summary

38 Elgar Path, Luton, LU2 7RJ has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 13 Mar 2018.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 13 Dec 2011, when the property was rated F. Since then, the rating has improved to D, with the energy efficiency score increasing by 55.3%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from average to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water system was changed from from main system, no cylinder thermostat to from main system, with its energy efficiency improving from very poor to good.
  • The roof construction or insulation changed from pitched, limited insulation (assumed) to pitched, no insulation (assumed), with no change in energy efficiency (very poor).
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to cavity wall, filled cavity, improving energy efficiency from poor to average.
  • 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
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, no insulation (assumed)
Very Poor
Walls
Cavity wall, filled cavity
Average
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to LU2 7RJ

16 th / 18
Price Rank
36% lower than average
14 th / 17
Size Rank
29% smaller than average
14 th / 17
Price Per Sq FT Rank
10% lower than average

Compared to other properties in LU2 7RJ , this flat's estimated value ranks 16th out of 18. Based on price per square foot, it ranks 14th out of 17 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 14th out of 17 properties in its postcode area.

Sale History

Today
£145,079
streetscan.co.uk estimate
+169 %
31 Jan 2002
£54,000
Leasehold

Area Insights

Similar Properties Sold Nearby

22 Elgar Path, Luton, LU2 7RJ
rooms: 2
size: 665 sq ft
sale price: £137,500
sale date: 9 Jun 2017
34 Elgar Path, Luton, LU2 7RJ
rooms: 3
size: 570 sq ft
sale price: £92,000
sale date: 19 Dec 2012
42 Elgar Path, Luton, LU2 7RJ
rooms: 3
size: 614 sq ft
sale price: £60,000
sale date: 8 Sep 2000

Data Sources

The property at 38 Elgar Path, Luton, LU2 7RJ appears once in the Land Registry records, with the transaction recorded on 31 Jan 2002. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 13 Mar 2018. 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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