56 Fair Oak Drive, Luton, LU2 7TQ is a leasehold flat built between 1967-1975. The property offers approximately 549 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £180,947 , which equates to approximately £330 per square foot. It was last sold on 26 Apr 2019 for £167,000. Since then, the value has increased by £13,947, representing a 8.4% increase, or approximately 1.3% per year.

The current estimated value of £180,947 is:

  • 6.2% higher than the average property price on Fair Oak Drive
  • 13.9% higher than the average in the LU2 7TQ postcode area
  • and 44.4% lower than the average price for Luton as a whole

At the most recent EPC inspection on 10 April 2012, the property was recorded as owner-occupied.

View sold house prices in LU2 7TQ

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
549 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£180,947
Price Per sq ft (estimate)
£330
Bedroom Count (estimate)
1 bedroom

EPC Summary

56 Fair Oak Drive, Luton, LU2 7TQ has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 10 Apr 2012.

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.

Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, 250 mm loft insulation
Good
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 29% of fixed outlets
Average

Compared to LU2 7TQ

13 th / 33
Price Rank
14% higher than average
2 nd / 27
Size Rank
9% bigger than average
22 nd / 27
Price Per Sq FT Rank
4% higher than average

Compared to other properties in LU2 7TQ , this flat's estimated value ranks 13th out of 33. Based on price per square foot, it ranks 22th 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 2nd out of 27 properties in its postcode area.

Sale History

Today
£180,947
streetscan.co.uk estimate
+8 %
26 Apr 2019
£167,000
Leasehold
+33.6 %
25 Jun 2007
£125,000
Leasehold
+11.6 %
22 Jun 2005
£112,000
Leasehold
+38.3 %
18 Oct 2002
£81,000
Leasehold
+48.6 %
7 Jul 2000
£54,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 495 sq ft
sale price: £118,500
sale date: 19 Nov 2021
rooms: 3
size: 538 sq ft
sale price: £175,000
sale date: 28 Apr 2021
rooms: 2
size: 495 sq ft
sale price: £120,000
sale date: 20 Dec 2017
rooms: 2
size: 527 sq ft
sale price: £160,000
sale date: 26 Apr 2017
rooms: 3
size: 512 sq ft
sale price: £145,000
sale date: 16 Dec 2016

Data Sources

The property at 56 Fair Oak Drive, Luton, LU2 7TQ appears five times in the Land Registry records, with the latest transaction recorded on 26 Apr 2019. It also has a single Energy Performance Certificate (EPC) from 10 Apr 2012. 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.