63 The Ridings, Luton, LU3 1BY is a leasehold flat built between 1983-1990. The property offers approximately 592 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £116,057 , which equates to approximately £196 per square foot. It was last sold on 17 Apr 2024 for £120,000. Since then, the value has decreased by £3,943, representing a 3.3% decrease, or approximately 2.0% per year.

The current estimated value of £116,057 is:

  • 24.7% lower than the average property price on The Ridings
  • 27.5% lower than the average in the LU3 1BY postcode area
  • and 62.4% lower than the average price for Luton as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 13 November 2023, the property was recorded as owner-occupied.

View sold house prices in LU3 1BY

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
592 sq ft
Tenure
Leasehold
Price (estimate)
£116,057
Price Per sq ft (estimate)
£196
Bedroom Count (estimate)
1 bedroom

EPC Summary

63 The Ridings, Luton, LU3 1BY has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 13 Nov 2023.

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 23 Jun 2013, and the property received the same rating of D with an unchanged energy efficiency score of 63.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to electric storage heaters, improving energy efficiency from poor to average.
  • The windows were upgraded from partial secondary glazing to fully double glazed.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to LU3 1BY

54 th / 59
Price Rank
28% lower than average
18 th / 55
Size Rank
9% bigger than average
53 rd / 55
Price Per Sq FT Rank
34% lower than average

Compared to other properties in LU3 1BY , this flat's estimated value ranks 54th out of 59. Based on price per square foot, it ranks 53th 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 18th out of 55 properties in its postcode area.

Sale History

Today
£116,057
streetscan.co.uk estimate
-3 %
17 Apr 2024
£120,000
Leasehold
+60 %
13 Nov 2020
£75,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 592 sq ft
sale price: £165,000
sale date: 14 Feb 2025
rooms: 3
size: 592 sq ft
sale price: £124,000
sale date: 5 Sep 2019
rooms: 3
size: 624 sq ft
sale price: £134,000
sale date: 3 Jun 2019
rooms: 3
size: 570 sq ft
sale price: £145,000
sale date: 20 Jan 2017
rooms: 3
size: 584 sq ft
sale price: £117,500
sale date: 24 May 2016

Data Sources

The property at 63 The Ridings, Luton, LU3 1BY appears two times in the Land Registry records, with the latest transaction recorded on 17 Apr 2024. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 13 Nov 2023. 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.