Flat 1, 41 Studley Road, Luton, LU3 1BB is a leasehold flat built between 1900-1929. The property offers approximately 491 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 £156,647 , which equates to approximately £316 per square foot. It was last sold on 14 Apr 2014 for £98,500. Since then, the value has increased by £58,147, representing a 59.0% increase, or approximately 5.1% per year.

The current estimated value of £156,647 is:

  • 24.3% lower than the average property price on Studley Road
  • 32.7% lower than the average in the LU3 1BB postcode area
  • and 51.9% 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 October 2011, the property was recorded as owner-occupied.

View sold house prices in LU3 1BB

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
491 sq ft
Tenure
Leasehold
Price (estimate)
£156,647
Price Per sq ft (estimate)
£316
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 1, 41 Studley Road, Luton, LU3 1BB has an Energy Performance Certificate (EPC) rating of F, based on the latest assessment carried out on 13 Oct 2011.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are single glazed.

The previous EPC assessment was conducted on 14 Jan 2010, and the property received the same rating of F with an unchanged energy efficiency score of 38.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The hot water energy efficiency improving from very poor to poor, while the system remained as electric immersion, off-peak.
  • The lighting was updated from low energy lighting in all fixed outlets to no low energy lighting, with efficiency changing from very good to very poor.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Poor
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Single glazed
Very Poor
Lighting
No low energy lighting
Very Poor

Compared to LU3 1BB

18 th / 56
Price Rank
33% lower than average
12 th / 27
Size Rank
24% smaller than average
21 st / 27
Price Per Sq FT Rank
11% lower than average

Compared to other properties in LU3 1BB , this flat's estimated value ranks 18th out of 56. Based on price per square foot, it ranks 21th out of 27 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 12th out of 27 properties in its postcode area.

Sale History

Today
£156,647
streetscan.co.uk estimate
+59 %
14 Apr 2014
£98,500
Leasehold
+40.7 %
14 Feb 2003
£69,995
Leasehold
+66.7 %
17 Apr 2001
£42,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 420 sq ft
sale price: £148,000
sale date: 6 Aug 2024
rooms: 3
size: 538 sq ft
sale price: £178,000
sale date: 27 Oct 2017
rooms: 2
size: 517 sq ft
sale price: £73,000
sale date: 16 Apr 2004

Data Sources

The property at Flat 1, 41 Studley Road, Luton, LU3 1BB appears three times in the Land Registry records, with the latest transaction recorded on 14 Apr 2014. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 13 Oct 2011. 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.