48 Spear Close, Luton, LU3 3QY is a leasehold flat built between 1967-1975. The property offers approximately 570 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 £151,306 , which equates to approximately £265 per square foot. It was last sold on 17 May 2024 for £155,000. Since then, the value has decreased by £3,694, representing a 2.4% decrease, or approximately 1.5% per year.

The current estimated value of £151,306 is:

  • 9.6% higher than the average property price on Spear Close
  • 7.4% higher than the average in the LU3 3QY postcode area
  • and 51.0% lower than the average price for Luton as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 14 February 2024, the property was recorded as owner-occupied.

View sold house prices in LU3 3QY

Building approximate location

About Property

Type
Terraced Maisonette
Built
1967-1975
Interior Size
570 sq ft
Tenure
Leasehold
Price (estimate)
£151,306
Price Per sq ft (estimate)
£265
Bedroom Count (estimate)
1 bedroom

EPC Summary

48 Spear Close, Luton, LU3 3QY has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 14 Feb 2024.

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 31 Jul 2018. The rating of C remains the same, but the energy efficiency score improved by 2.7%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from cavity wall, as built, partial insulation (assumed) to timber frame, as built, partial insulation (assumed), with no change in energy efficiency (average).
  • The lighting was updated from low energy lighting in 40% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Timber frame, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to LU3 3QY

5 th / 16
Price Rank
7% higher than average
5 th / 11
Size Rank
8% bigger than average
7 th / 11
Price Per Sq FT Rank
1% lower than average

Compared to other properties in LU3 3QY , this maisonette's estimated value ranks 5th out of 16. Based on price per square foot, it ranks 7th out of 11 properties. In terms of size, this home ranks 5th out of 11 properties in its postcode area.

Sale History

Today
£151,306
streetscan.co.uk estimate
-2 %
17 May 2024
£155,000
Leasehold
+24 %
15 May 2019
£125,000
Leasehold
+25 %
8 May 2015
£100,000
Leasehold
+4.2 %
8 Aug 2008
£96,000
Leasehold
+15 %
31 Jan 2005
£83,500
Leasehold
+93.1 %
26 Sep 2001
£43,250
Leasehold
+208.9 %
12 Oct 1995
£14,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 517 sq ft
sale price: £143,000
sale date: 19 Aug 2022
rooms: 2
size: 538 sq ft
sale price: £140,000
sale date: 13 Mar 2018
rooms: 2
size: 527 sq ft
sale price: £130,000
sale date: 25 Aug 2017
rooms: 3
size: 603 sq ft
sale price: £101,000
sale date: 23 Jun 2006
rooms: 3
size: 646 sq ft
sale price: £135,000
sale date: 27 Apr 2023

Data Sources

The property at 48 Spear Close, Luton, LU3 3QY appears seven times in the Land Registry records, with the latest transaction recorded on 17 May 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 14 Feb 2024. 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.