Flat 5, 41 Studley Road, Luton, LU3 1BB is a leasehold flat built before 1900. The property offers approximately 312 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £82,167 , which equates to approximately £263 per square foot. It was last sold on 30 Apr 1996 for £14,500. Since then, the value has increased by £67,667, representing a 466.7% increase, or approximately 15.7% per year.

The current estimated value of £82,167 is:

  • 60.3% lower than the average property price on Studley Road
  • 64.7% lower than the average in the LU3 1BB postcode area
  • and 74.8% lower than the average price for Luton as a whole

At the most recent EPC inspection on 29 June 2022, the property was recorded as rented.

View sold house prices in LU3 1BB

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
312 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£82,167
Price Per sq ft (estimate)
£263
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 5, 41 Studley Road, Luton, LU3 1BB has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 29 Jun 2022.

This property uses electric room heaters as its main heating source. Electric instantaneous heaters at the point of use are used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 14 Jun 2011. The rating of D is unchanged, though the energy efficiency score decreased by 1.5%.

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 wall energy efficiency improving from very poor to poor, with the construction or insulation remaining solid brick, as built, no insulation (assumed).
  • The lighting was updated from low energy lighting in 60% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric instantaneous at point of use
Very Poor
Walls
Solid brick, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to LU3 1BB

55 th / 56
Price Rank
65% lower than average
22 nd / 27
Size Rank
52% smaller than average
26 th / 27
Price Per Sq FT Rank
26% lower than average

Compared to other properties in LU3 1BB , this flat's estimated value ranks 55th out of 56. Based on price per square foot, it ranks 26th 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 22th out of 27 properties in its postcode area.

Sale History

Today
£82,167
streetscan.co.uk estimate
+467 %
30 Apr 1996
£14,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 1
size: 269 sq ft
sale price: £94,000
sale date: 20 Apr 2021
rooms: 2
size: 334 sq ft
sale price: £90,000
sale date: 8 Nov 2019
rooms: 1
size: 323 sq ft
sale price: £63,000
sale date: 30 May 2014
rooms: 2
size: 301 sq ft
sale price: £75,000
sale date: 28 Sep 2007
rooms: 1
size: 301 sq ft
sale price: £80,000
sale date: 11 Mar 2005

Data Sources

The property at Flat 5, 41 Studley Road, Luton, LU3 1BB appears once in the Land Registry records, with the transaction recorded on 30 Apr 1996. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 29 Jun 2022. 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.