503, Point Red, 146 Midland Road, Luton, LU2 0BL is a leasehold flat built in 2007 onwards. The property offers approximately 474 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 £158,440 , which equates to approximately £335 per square foot. It was last sold on 31 Jul 2015 for £116,500. Since then, the value has increased by £41,940, representing a 36.0% increase, or approximately 3.5% per year.

The current estimated value of £158,440 is:

  • 36.1% lower than the average property price on Midland Road
  • 21.0% lower than the average in the LU2 0BL postcode area
  • and 51.3% lower than the average price for Luton as a whole

View sold house prices in LU2 0BL

Building approximate location

About Property

Type
Flat
Built
2007 onwards
Interior Size
474 sq ft
Tenure
Leasehold
Floor level
4th floor
Price (estimate)
£158,440
Price Per sq ft (estimate)
£335
Bedroom Count (estimate)
1 bedroom

EPC Summary

503, Point Red, 146 Midland Road, Luton, LU2 0BL has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 15 Nov 2019.

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, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 9.1%.

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 wall construction or insulation changed from average thermal transmittance 0.35 w/m?k to timber frame, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 75% of fixed outlets to low energy lighting in 67% of fixed outlets, with efficiency changing from very good to good.
Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
Walls
Timber frame, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 67% of fixed outlets
Good

Compared to LU2 0BL

53 rd / 66
Price Rank
21% lower than average
33 rd / 50
Size Rank
21% smaller than average
36 th / 50
Price Per Sq FT Rank
0% same as average

Compared to other properties in LU2 0BL , this flat's estimated value ranks 53th out of 66. Based on price per square foot, it ranks 36th 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 33th out of 50 properties in its postcode area.

Sale History

Today
£158,440
streetscan.co.uk estimate
+36 %
31 Jul 2015
£116,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 517 sq ft
sale price: £120,000
sale date: 13 Feb 2024
rooms: 2
size: 495 sq ft
sale price: £150,000
sale date: 29 Sep 2017
rooms: 3
size: 484 sq ft
sale price: £147,000
sale date: 23 Aug 2017
rooms: 2
size: 431 sq ft
sale price: £142,500
sale date: 2 Jun 2017
rooms: 3
size: 527 sq ft
sale price: £172,500
sale date: 5 Jan 2017

Data Sources

The property at 503, Point Red, 146 Midland Road, Luton, LU2 0BL appears once in the Land Registry records, with the transaction recorded on 31 Jul 2015. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 15 Nov 2019. 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.