Flat 1, 40 Malzeard Road, Luton, LU3 1BD is a leasehold flat built between 1991-1995. The property offers approximately 420 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 £124,810 , which equates to approximately £297 per square foot. It was last sold on 11 May 2009 for £70,000. Since then, the value has increased by £54,810, representing a 78.3% increase, or approximately 4.7% per year.

The current estimated value of £124,810 is:

  • 43.3% lower than the average property price on Malzeard Road
  • 68.3% lower than the average in the LU3 1BD postcode area
  • and 61.6% lower than the average price for Luton as a whole

View sold house prices in LU3 1BD

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
420 sq ft
Tenure
Leasehold
Price (estimate)
£124,810
Price Per sq ft (estimate)
£297
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 1, 40 Malzeard Road, Luton, LU3 1BD has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 19 Nov 2018.

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
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 1BD

23 rd / 24
Price Rank
68% lower than average
16 th / 16
Size Rank
62% smaller than average
14 th / 16
Price Per Sq FT Rank
16% lower than average

Compared to other properties in LU3 1BD , this flat's estimated value ranks 23th out of 24. Based on price per square foot, it ranks 14th out of 16 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 16th out of 16 properties in its postcode area.

Sale History

Today
£124,810
streetscan.co.uk estimate
+78 %
11 May 2009
£70,000
Leasehold
+197.9 %
15 Jan 1999
£23,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 431 sq ft
sale price: £80,000
sale date: 27 Mar 2014
rooms: 2
size: 429 sq ft
sale price: £75,000
sale date: 4 Aug 2016

Data Sources

The property at Flat 1, 40 Malzeard Road, Luton, LU3 1BD appears two times in the Land Registry records, with the latest transaction recorded on 11 May 2009. It also has a single Energy Performance Certificate (EPC) from 19 Nov 2018. 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.