61 The Ridings, Luton, LU3 1BY is a leasehold flat built between 1991-1995. The property offers approximately 624 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 £141,670 , which equates to approximately £227 per square foot. It was last sold on 3 Jun 2019 for £134,000. Since then, the value has increased by £7,670, representing a 5.7% increase, or approximately 0.9% per year.

The current estimated value of £141,670 is:

  • 8.0% lower than the average property price on The Ridings
  • 11.5% lower than the average in the LU3 1BY postcode area
  • and 54.2% lower than the average price for Luton as a whole

At the most recent EPC inspection on 18 April 2024, the property was recorded as rented.

View sold house prices in LU3 1BY

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
624 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£141,670
Price Per sq ft (estimate)
£227
Bedroom Count (estimate)
1 bedroom

EPC Summary

61 The Ridings, Luton, LU3 1BY has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 18 Apr 2024.

This property uses electric room heaters as its main heating source. Hot water is provided from the main heating system, though the cylinder has no thermostat. The windows are fully double glazed.

The previous EPC assessment was conducted on 19 Mar 2014, when the property was rated C. The current rating of E reflects a decline in energy efficiency of 27.5%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from average to very poor.
  • The hot water system was changed from electric immersion, off-peak to from main system, no cylinder thermostat, with its energy efficiency changing from average to very poor.
  • The windows were upgraded from mostly secondary glazing to fully double glazed.
  • The lighting was updated from low energy lighting in 33% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
From main system, no cylinder thermostat
Very Poor
Roof
Pitched, 100 mm loft insulation
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to LU3 1BY

38 th / 59
Price Rank
12% lower than average
9 th / 55
Size Rank
15% bigger than average
48 th / 55
Price Per Sq FT Rank
23% lower than average

Compared to other properties in LU3 1BY , this flat's estimated value ranks 38th out of 59. Based on price per square foot, it ranks 48th out of 55 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 9th out of 55 properties in its postcode area.

Sale History

Today
£141,670
streetscan.co.uk estimate
+6 %
3 Jun 2019
£134,000
Leasehold
+26.4 %
20 Jul 2007
£106,000
Leasehold
+360.9 %
23 Aug 1996
£23,000
Leasehold

Area Insights

Similar Properties Sold Nearby

67 The Ridings, Luton, LU3 1BY
rooms: 3
size: 592 sq ft
sale price: £165,000
sale date: 14 Feb 2025
63 The Ridings, Luton, LU3 1BY
rooms: 3
size: 592 sq ft
sale price: £120,000
sale date: 17 Apr 2024
60 The Ridings, Luton, LU3 1BY
rooms: 3
size: 689 sq ft
sale price: £125,000
sale date: 12 Apr 2023
75 The Ridings, Luton, LU3 1BY
rooms: 3
size: 592 sq ft
sale price: £124,000
sale date: 5 Sep 2019
27 The Ridings, Luton, LU3 1BY
rooms: 3
size: 570 sq ft
sale price: £145,000
sale date: 20 Jan 2017

Data Sources

The property at 61 The Ridings, Luton, LU3 1BY appears three times in the Land Registry records, with the latest transaction recorded on 3 Jun 2019. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 18 Apr 2024. 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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