5 Varna Close, Luton, LU3 1SS is a leasehold flat built between 1950-1966. The property offers approximately 614 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 £77,003 , which equates to approximately £126 per square foot. It was last sold on 11 Jan 2002 for £30,000. Since then, the value has increased by £47,003, representing a 156.7% increase, or approximately 6.5% per year.

The current estimated value of £77,003 is:

  • 39.8% lower than the average property price on Varna Close
  • 44.3% lower than the average in the LU3 1SS postcode area
  • and 75.1% lower than the average price for Luton as a whole

At the most recent EPC inspection on 1 November 2021, the property was recorded as rented.

View sold house prices in LU3 1SS

Building approximate location

About Property

Type
Flat
Built
1950-1966
Interior Size
614 sq ft
Tenure
Leasehold
Price (estimate)
£77,003
Price Per sq ft (estimate)
£126
Bedroom Count (estimate)
1 bedroom

EPC Summary

5 Varna Close, Luton, LU3 1SS has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 1 Nov 2021.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 13 Oct 2011, and the property received the same rating of E with an unchanged energy efficiency score of 43.

Since the previous assessment, several changes were observed:

  • The hot water system changed from electric immersion, standard tariff, no cylinder thermostat to electric immersion, standard tariff, with no change in energy efficiency (very poor).
  • The lighting was changed from low energy lighting in all fixed outlets to low energy lighting in 83% of fixed outlets, with no change in efficiency (very good).
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 83% of fixed outlets
Very Good

Compared to LU3 1SS

10 th / 10
Price Rank
44% lower than average
4 th / 8
Size Rank
0% same size than average
8 th / 8
Price Per Sq FT Rank
44% lower than average

Compared to other properties in LU3 1SS , this flat's estimated value ranks 10th out of 10. Based on price per square foot, it ranks 8th out of 8 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 4th out of 8 properties in its postcode area.

Sale History

Today
£77,003
streetscan.co.uk estimate
+157 %
11 Jan 2002
£30,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 624 sq ft
sale price: £177,000
sale date: 13 Nov 2017
rooms: 3
size: 646 sq ft
sale price: £90,000
sale date: 30 Mar 2016
rooms: 3
size: 581 sq ft
sale price: £105,000
sale date: 8 Nov 2007
rooms: 3
size: 635 sq ft
sale price: £120,000
sale date: 5 Nov 2007
rooms: 3
size: 581 sq ft
sale price: £82,000
sale date: 24 Feb 2006

Data Sources

The property at 5 Varna Close, Luton, LU3 1SS appears once in the Land Registry records, with the transaction recorded on 11 Jan 2002. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 1 Nov 2021. 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.