FLAT 5, 37, STUDLEY ROAD, LUTON, LU3 1BB - £136,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

FLAT 5 37 STUDLEY ROAD is a very small flat of 36m², built sometime between 1900 and 1929, which could now be worth an estimated £131,772. It was last sold for £136,000 in February 2022, which was around 17% below the average February 2022 flat price in the Luton local authority area. The most recent EPC inspection was September 2013, where the current energy rating was E, and the potential energy rating was B.

FLAT 5 37 STUDLEY ROAD Sold Prices

Land registry data shows four sales for FLAT 5 37 STUDLEY ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the Luton local authority area for the corresponding sale date. All of the four FLAT 5 37 STUDLEY ROAD sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 11 FEB	£136,000	£164,093	17% below HPI
2014 17 OCT	£84,000	£111,334	25% below HPI
2007 14 SEP	£95,000	£122,151	22% below HPI
2004 30 JAN	£62,000	£94,296	34% below HPI

What might FLAT 5 37 STUDLEY ROAD be worth now?

FLAT 5 37 STUDLEY ROAD might now be worth an estimated £131,772.

This is based on house price deflation of 3.1%, between February 2022 and April 2026, for flats, in the Luton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.1% deflationary decrease is applied to the most recent sale price for FLAT 5 37 STUDLEY ROAD of £136,000 on 11th February 2022. For the value to have decreased from £136,000 to £131,772 over the three years and ten months to April 2026, the following assumptions must hold true:

• The value of FLAT 5 37 STUDLEY ROAD has moved in line with the HPI for flats in the Luton local authority area.
• The February 2022 sale price of £136,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT 5 37 STUDLEY ROAD has not materially changed since February 2022.

How Large is FLAT 5 37 STUDLEY ROAD?

FLAT 5 37 STUDLEY ROAD is 36m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 20% of flats in Luton, based on EPC data. 13% of flats are smaller than FLAT 5 37 STUDLEY ROAD, and 86% of flats are larger. Note that EPC data is not available for all properties in Luton.

FLAT 5 37 STUDLEY ROAD: Plot

FLAT 5 37 STUDLEY ROAD sits on a plot of roughly 0.130 of an acre, or 527m².

Where is FLAT 5 37 STUDLEY ROAD?

FLAT 5, 37 STUDLEY ROAD is located in LUTON, in the LU3 postcode district.