81 The Ridings, Luton, LU3 1BY is a leasehold flat built between 1991-1995. The property offers approximately 334 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 £131,919 , which equates to approximately £395 per square foot. It was last sold on 30 Jun 2023 for £135,000. Since then, the value has decreased by £3,081, representing a 2.3% decrease, or approximately 0.9% per year.

The current estimated value of £131,919 is:

  • 14.4% lower than the average property price on The Ridings
  • 17.6% lower than the average in the LU3 1BY postcode area
  • and 57.3% lower than the average price for Luton as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 6 January 2023, 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
334 sq ft
Tenure
Leasehold
Price (estimate)
£131,919
Price Per sq ft (estimate)
£395
Bedroom Count (estimate)
1 bedroom

EPC Summary

81 The Ridings, Luton, LU3 1BY has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 6 Jan 2023.

This property uses electric room 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 3 Jul 2012, and the property received the same rating of C with an unchanged energy efficiency score of 72.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from poor to very poor, while the heating system type remained the same (room heaters, electric).
  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The roof construction or insulation changed from pitched, insulated (assumed) to (another dwelling above), changing energy efficiency from good to n/a.
  • The lighting was updated from low energy lighting in 40% 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
Electric immersion, off-peak
Poor
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

48 th / 59
Price Rank
18% lower than average
53 rd / 55
Size Rank
38% smaller than average
14 th / 55
Price Per Sq FT Rank
34% higher than average

Compared to other properties in LU3 1BY , this flat's estimated value ranks 48th out of 59. Based on price per square foot, it ranks 14th out of 55 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 53th out of 55 properties in its postcode area.

Sale History

Today
£131,919
streetscan.co.uk estimate
-2 %
30 Jun 2023
£135,000
Leasehold
+11.1 %
31 Mar 2017
£121,500
Leasehold
+39.7 %
1 Oct 2014
£87,000
Leasehold
0 %
7 Sep 2007
£87,000
Leasehold
+155.9 %
21 Dec 2000
£34,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 334 sq ft
sale price: £140,000
sale date: 20 Jun 2022
rooms: 2
size: 355 sq ft
sale price: £91,000
sale date: 15 Jan 2020
rooms: 2
size: 358 sq ft
sale price: £115,000
sale date: 17 Aug 2018
rooms: 2
size: 323 sq ft
sale price: £86,000
sale date: 27 Sep 2006
rooms: 2
size: 344 sq ft
sale price: £33,000
sale date: 30 Mar 2001

Data Sources

The property at 81 The Ridings, Luton, LU3 1BY appears five times in the Land Registry records, with the latest transaction recorded on 30 Jun 2023. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 6 Jan 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.