7, The Balcony Hancock Drive, Luton, LU2 7SF is a leasehold flat built between 1983-1990. The property offers approximately 1,141 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have four bedrooms.

The estimated current market value of the property is £228,784 , which equates to approximately £200 per square foot. It was last sold on 14 Jan 2022 for £226,000. Since then, the value has increased by £2,784, representing a 1.2% increase, or approximately 0.3% per year.

The current estimated value of £228,784 is:

  • 21.5% lower than the average property price on Hancock Drive
  • 47.3% lower than the average in the LU2 7SF postcode area
  • and 29.7% lower than the average price for Luton as a whole

At the most recent EPC inspection on 13 September 2021, the property was recorded as owner-occupied.

View sold house prices in LU2 7SF

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
1141 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£228,784
Price Per sq ft (estimate)
£200
Bedroom Count (estimate)
4 bedrooms

EPC Summary

7, The Balcony Hancock Drive, Luton, LU2 7SF has an Energy Performance Certificate (EPC) rating of F, based on the latest assessment carried out on 13 Sep 2021.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 25 May 2011. The rating of F remains the same, but the energy efficiency score improved by 20%.

Since the previous assessment, several changes were observed:

  • The heating system changed from electric storage heaters to room heaters, electric, with no change in energy efficiency (very poor).
  • The roof construction or insulation changed from pitched, 100 mm loft insulation to pitched, 200 mm loft insulation, improving energy efficiency from average to good.
  • The windows were upgraded from partial double glazing to fully double glazed.
  • The lighting was updated from low energy lighting in 30% of fixed outlets to no low energy lighting, with efficiency changing from average to very poor.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Roof
Pitched, 200 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
No low energy lighting
Very Poor

Compared to LU2 7SF

3 rd / 13
Price Rank
47% lower than average
1 st / 9
Size Rank
38% smaller than average
8 th / 9
Price Per Sq FT Rank
15% lower than average

Compared to other properties in LU2 7SF , this flat's estimated value ranks 3rd out of 13. Based on price per square foot, it ranks 8th out of 9 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 1st out of 9 properties in its postcode area.

Sale History

Today
£228,784
streetscan.co.uk estimate
+1 %
14 Jan 2022
£226,000
Leasehold
+27.7 %
2 Sep 2016
£177,000
Leasehold

Area Insights

Similar Properties Sold Nearby

1B, The Balcony Hancock Drive, Luton, LU2 7SF
rooms: 4
size: 1030 sq ft
sale price: £180,000
sale date: 10 Mar 2017

Data Sources

The property at 7, The Balcony Hancock Drive, Luton, LU2 7SF appears two times in the Land Registry records, with the latest transaction recorded on 14 Jan 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 13 Sep 2021. 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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