402, Point Red, 146 Midland Road, Luton, LU2 0BL is a leasehold flat built between 2007-2011. The property offers approximately 603 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 £161,881 , which equates to approximately £269 per square foot. It was last sold on 22 Dec 2009 for £99,000. Since then, the value has increased by £62,881, representing a 63.5% increase, or approximately 4.0% per year.

The current estimated value of £161,881 is:

  • 34.7% lower than the average property price on Midland Road
  • 19.3% lower than the average in the LU2 0BL postcode area
  • and 50.3% lower than the average price for Luton as a whole

At the most recent EPC inspection on 9 September 2020, the property was recorded as rented.

View sold house prices in LU2 0BL

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
603 sq ft
Tenure
Leasehold
Floor level
4th floor
Price (estimate)
£161,881
Price Per sq ft (estimate)
£269
Bedroom Count (estimate)
1 bedroom

EPC Summary

402, Point Red, 146 Midland Road, Luton, LU2 0BL has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 9 Sep 2020.

This property is heated by a shared community system (community scheme). Community heating means the heat is supplied from a central source serving multiple homes. A community heating scheme is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 19 Jun 2009. The rating of B is unchanged, though the energy efficiency score decreased by 5.8%.

Since the previous assessment, several changes were observed:

  • The hot water system changed from from main system to community scheme, with no change in energy efficiency (good).
  • The roof construction or insulation changed from average thermal transmittance 0.23 w/m?k to (another dwelling above), changing energy efficiency from good to n/a.
  • The wall construction or insulation changed from average thermal transmittance 0.35 w/m?k to cavity wall, as built, insulated (assumed), improving energy efficiency from good to very good.
  • The lighting was changed from low energy lighting in 75% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
Walls
Cavity wall, as built, insulated (assumed)
Very Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to LU2 0BL

49 th / 66
Price Rank
19% lower than average
10 th / 50
Size Rank
0% same size than average
48 th / 50
Price Per Sq FT Rank
20% lower than average

Compared to other properties in LU2 0BL , this flat's estimated value ranks 49th out of 66. Based on price per square foot, it ranks 48th out of 50 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 10th out of 50 properties in its postcode area.

Sale History

Today
£161,881
streetscan.co.uk estimate
+64 %
22 Dec 2009
£99,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 517 sq ft
sale price: £120,000
sale date: 13 Feb 2024
rooms: 3
size: 527 sq ft
sale price: £172,500
sale date: 5 Jan 2017
rooms: 2
size: 592 sq ft
sale price: £90,000
sale date: 1 Aug 2013
rooms: 2
size: 517 sq ft
sale price: £88,000
sale date: 14 Aug 2012
rooms: 2
size: 517 sq ft
sale price: £86,000
sale date: 10 Aug 2012

Data Sources

The property at 402, Point Red, 146 Midland Road, Luton, LU2 0BL appears once in the Land Registry records, with the transaction recorded on 22 Dec 2009. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 9 Sep 2020. 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.