Flat 2, 40 Malzeard Road, Luton, LU3 1BD is a leasehold flat built between 1930-1949. The property offers approximately 431 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 £129,311 , which equates to approximately £300 per square foot. It was last sold on 27 Mar 2014 for £80,000. Since then, the value has increased by £49,311, representing a 61.6% increase, or approximately 5.3% per year.

The current estimated value of £129,311 is:

  • 41.2% lower than the average property price on Malzeard Road
  • 67.2% lower than the average in the LU3 1BD postcode area
  • and 60.3% 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
1930-1949
Interior Size
431 sq ft
Tenure
Leasehold
Price (estimate)
£129,311
Price Per sq ft (estimate)
£300
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 2, 40 Malzeard Road, Luton, LU3 1BD has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 4 Feb 2017.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to LU3 1BD

22 nd / 24
Price Rank
67% lower than average
15 th / 16
Size Rank
61% smaller than average
12 th / 16
Price Per Sq FT Rank
15% lower than average

Compared to other properties in LU3 1BD , this flat's estimated value ranks 22th out of 24. Based on price per square foot, it ranks 12th 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 15th out of 16 properties in its postcode area.

Sale History

Today
£129,311
streetscan.co.uk estimate
+62 %
27 Mar 2014
£80,000
Leasehold
-20 %
30 Nov 2007
£100,000
Leasehold
+100 %
6 Dec 2002
£50,000
Leasehold
+66.7 %
20 Jan 1999
£29,995
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 420 sq ft
sale price: £70,000
sale date: 11 May 2009
rooms: 2
size: 429 sq ft
sale price: £75,000
sale date: 4 Aug 2016
rooms: 2
size: 484 sq ft
sale price: £44,000
sale date: 29 Jun 2001

Data Sources

The property at Flat 2, 40 Malzeard Road, Luton, LU3 1BD appears four times in the Land Registry records, with the latest transaction recorded on 27 Mar 2014. It also has a single Energy Performance Certificate (EPC) from 4 Feb 2017. 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.