4, Olympic Court Cannon Lane, Luton, LU2 8DA is a leasehold flat built between 2007-2011. The property offers approximately 452 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £195,635 , which equates to approximately £433 per square foot. It was last sold on 7 Oct 2015 for £150,000. Since then, the value has increased by £45,635, representing a 30.4% increase, or approximately 3.0% per year.

The current estimated value of £195,635 is:

  • 43.9% lower than the average property price on Cannon Lane
  • 5.0% lower than the average in the LU2 8DA postcode area
  • and 39.9% lower than the average price for Luton as a whole

At the most recent EPC inspection on 29 August 2023, 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
452 sq ft
Tenure
Leasehold
Price (estimate)
£195,635
Price Per sq ft (estimate)
£433
Bedroom Count (estimate)
1 bedroom

EPC Summary

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

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 6%.

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 (other premises above) to (another dwelling above), with no change in energy efficiency (n/a).
  • The wall construction or insulation changed from average thermal transmittance 0.24 w/m?k to cavity wall, as built, insulated (assumed), with no change in energy efficiency (very 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
Walls
Cavity wall, as built, insulated (assumed)
Very Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to LU2 8DA

16 th / 25
Price Rank
5% lower than average
25 th / 25
Size Rank
18% smaller than average
8 th / 25
Price Per Sq FT Rank
16% higher than average

Compared to other properties in LU2 8DA , this flat's estimated value ranks 16th out of 25. Based on price per square foot, it ranks 8th out of 25 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 25th out of 25 properties in its postcode area.

Sale History

Today
£195,635
streetscan.co.uk estimate
+30 %
7 Oct 2015
£150,000
Leasehold
+7.2 %
7 Nov 2011
£139,950
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 495 sq ft
sale price: £172,000
sale date: 21 Nov 2022
rooms: 2
size: 452 sq ft
sale price: £160,000
sale date: 12 Aug 2022
rooms: 2
size: 517 sq ft
sale price: £160,000
sale date: 24 Mar 2022
rooms: 2
size: 517 sq ft
sale price: £155,000
sale date: 12 Nov 2021
rooms: 2
size: 463 sq ft
sale price: £153,000
sale date: 3 Oct 2013

Data Sources

The property at 4, Olympic Court Cannon Lane, Luton, LU2 8DA appears two times in the Land Registry records, with the latest transaction recorded on 7 Oct 2015. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 29 Aug 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.


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