50 Fair Oak Drive, Luton, LU2 7TQ is a leasehold flat built between 1967-1975. The property offers approximately 517 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £173,917 , which equates to approximately £337 per square foot. It was last sold on 4 May 2007 for £124,000. Since then, the value has increased by £49,917, representing a 40.3% increase, or approximately 2.2% per year.

The current estimated value of £173,917 is:

  • 2.0% higher than the average property price on Fair Oak Drive
  • 9.5% higher than the average in the LU2 7TQ postcode area
  • and 46.6% lower than the average price for Luton as a whole

At the most recent EPC inspection on 2 March 2022, the property was recorded as rented.

View sold house prices in LU2 7TQ

Building approximate location

About Property

Type
Semi-Detached Maisonette
Built
1967-1975
Interior Size
517 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£173,917
Price Per sq ft (estimate)
£337
Bedroom Count (estimate)
1 bedroom

EPC Summary

50 Fair Oak Drive, Luton, LU2 7TQ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 2 Mar 2022.

This property uses electric storage 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 28 Oct 2010, when the property was rated E. Since then, the rating has improved to C, with the energy efficiency score increasing by 80%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The roof construction or insulation changed from pitched, 100 mm loft insulation to pitched, 250 mm loft insulation, with no change in energy efficiency (good).
  • 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 no low energy lighting to low energy lighting in 61% of fixed outlets, with efficiency improving from very poor to good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Very Poor
Roof
Pitched, 250 mm loft insulation
Good
Walls
Cavity wall, filled cavity
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 61% of fixed outlets
Good

Compared to LU2 7TQ

17 th / 33
Price Rank
10% higher than average
8 th / 27
Size Rank
3% bigger than average
18 th / 27
Price Per Sq FT Rank
6% higher than average

Compared to other properties in LU2 7TQ , this maisonette's estimated value ranks 17th out of 33. Based on price per square foot, it ranks 18th out of 27 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 8th out of 27 properties in its postcode area.

Sale History

Today
£173,917
streetscan.co.uk estimate
+40 %
4 May 2007
£124,000
Leasehold
+30.5 %
24 Oct 2003
£95,000
Leasehold
+137.5 %
29 Mar 1999
£40,000
Leasehold

Area Insights

Similar Properties Sold Nearby

22 Fair Oak Drive, Luton, LU2 7TQ
rooms: 2
size: 452 sq ft
sale price: £140,000
sale date: 23 Oct 2023
20 Fair Oak Drive, Luton, LU2 7TQ
rooms: 2
size: 452 sq ft
sale price: £120,000
sale date: 21 Dec 2021
6 Fair Oak Drive, Luton, LU2 7TQ
rooms: 2
size: 495 sq ft
sale price: £118,500
sale date: 19 Nov 2021
41 Fair Oak Drive, Luton, LU2 7TQ
rooms: 3
size: 538 sq ft
sale price: £175,000
sale date: 28 Apr 2021
56 Fair Oak Drive, Luton, LU2 7TQ
rooms: 3
size: 549 sq ft
sale price: £167,000
sale date: 26 Apr 2019

Data Sources

The property at 50 Fair Oak Drive, Luton, LU2 7TQ appears three times in the Land Registry records, with the latest transaction recorded on 4 May 2007. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 2 Mar 2022. 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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