Flat 7, 41 Studley Road, Luton, LU3 1BB is a leasehold flat built between 1900-1929. The property offers approximately 355 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £112,839 , which equates to approximately £318 per square foot. It was last sold on 17 Jan 2002 for £42,000. Since then, the value has increased by £70,839, representing a 168.7% increase, or approximately 7.1% per year.

The current estimated value of £112,839 is:

  • 45.5% lower than the average property price on Studley Road
  • 51.5% lower than the average in the LU3 1BB postcode area
  • and 65.3% lower than the average price for Luton as a whole

View sold house prices in LU3 1BB

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
355 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£112,839
Price Per sq ft (estimate)
£318
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 7, 41 Studley Road, Luton, LU3 1BB has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 19 Aug 2019.

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 29 Nov 2008, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 34.1%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from very poor to poor.
  • The windows were upgraded from partial double glazing to fully double glazed.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Roof
Pitched, 75 mm loft insulation
Average
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to LU3 1BB

38 th / 56
Price Rank
52% lower than average
19 th / 27
Size Rank
45% smaller than average
18 th / 27
Price Per Sq FT Rank
11% lower than average

Compared to other properties in LU3 1BB , this flat's estimated value ranks 38th out of 56. Based on price per square foot, it ranks 18th 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 19th out of 27 properties in its postcode area.

Sale History

Today
£112,839
streetscan.co.uk estimate
+169 %
17 Jan 2002
£42,000
Leasehold
+13.5 %
20 Nov 2000
£37,000
Leasehold
+13.8 %
2 May 2000
£32,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 388 sq ft
sale price: £136,000
sale date: 11 Feb 2022
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: 1
size: 355 sq ft
sale price: £34,000
sale date: 18 Dec 2000
rooms: 2
size: 312 sq ft
sale price: £14,500
sale date: 30 Apr 1996

Data Sources

The property at Flat 7, 41 Studley Road, Luton, LU3 1BB appears three times in the Land Registry records, with the latest transaction recorded on 17 Jan 2002. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 19 Aug 2019. 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.