504, Point Red, 146 Midland Road, Luton, LU2 0BL is a leasehold flat built between 1930-1949. The property offers approximately 431 square feet of living space and is situated on the 5th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £127,331 , which equates to approximately £296 per square foot. It was last sold on 30 Jul 2010 for £78,000. Since then, the value has increased by £49,331, representing a 63.2% increase, or approximately 4.1% per year.

The current estimated value of £127,331 is:

  • 48.7% lower than the average property price on Midland Road
  • 36.5% lower than the average in the LU2 0BL postcode area
  • and 60.9% lower than the average price for Luton as a whole

At the most recent EPC inspection on 16 October 2019, the property was recorded as owner-occupied.

View sold house prices in LU2 0BL

Building approximate location

About Property

Type
Flat
Built
1930-1949
Interior Size
431 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£127,331
Price Per sq ft (estimate)
£296
Bedroom Count (estimate)
1 bedroom

EPC Summary

504, 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 16 Oct 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 gas multipoint water heater 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 17.2%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from from main system to gas multipoint, with its energy efficiency changing from good to average.
  • 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 granite or whinstone, as built, no insulation (assumed), changing energy efficiency from good to very poor.
  • 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
Gas multipoint
Average
Walls
Granite or whinstone, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to LU2 0BL

63 rd / 66
Price Rank
36% lower than average
42 nd / 50
Size Rank
28% smaller than average
45 th / 50
Price Per Sq FT Rank
11% lower than average

Compared to other properties in LU2 0BL , this flat's estimated value ranks 63th out of 66. Based on price per square foot, it ranks 45th 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 42th out of 50 properties in its postcode area.

Sale History

Today
£127,331
streetscan.co.uk estimate
+63 %
30 Jul 2010
£78,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 1
size: 377 sq ft
sale price: £100,000
sale date: 18 Dec 2023
rooms: 2
size: 495 sq ft
sale price: £150,000
sale date: 29 Sep 2017
rooms: 2
size: 431 sq ft
sale price: £142,500
sale date: 2 Jun 2017
rooms: 2
size: 474 sq ft
sale price: £116,500
sale date: 31 Jul 2015
rooms: 2
size: 495 sq ft
sale price: £90,000
sale date: 28 Nov 2013

Data Sources

The property at 504, Point Red, 146 Midland Road, Luton, LU2 0BL appears once in the Land Registry records, with the transaction recorded on 30 Jul 2010. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Oct 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.