16, ELDERBERRY CLOSE, LUTON, LU2 8JD - £155,000

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.

16 ELDERBERRY CLOSE is a large flat of 57m², built sometime between 1967 and 1975, which could now be worth an estimated £154,915. It was last sold for £155,000 in August 2021, which was around 3% below the average August 2021 flat price in the Luton local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was C.

16 ELDERBERRY CLOSE Sold Prices

Land registry data shows three sales for 16 ELDERBERRY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Luton local authority area for the corresponding sale date. Two of the three 16 ELDERBERRY CLOSE sales were for below the average price, whilst one was for above 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
2021 6 AUG	£155,000	£159,079	3% below HPI
2010 29 JUL	£103,000	£101,816	1% above HPI
1996 31 OCT	£29,000	£30,577	5% below HPI

What might 16 ELDERBERRY CLOSE be worth now?

16 ELDERBERRY CLOSE might now be worth an estimated £154,915.

This is based on house price deflation of 0.1%, between August 2021 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 0.1% deflationary decrease is applied to the most recent sale price for 16 ELDERBERRY CLOSE of £155,000 on 6th August 2021. For the value to have decreased from £155,000 to £154,915 over the five years and four months to April 2026, the following assumptions must hold true:

• The value of 16 ELDERBERRY CLOSE has moved in line with the HPI for flats in the Luton local authority area.
• The August 2021 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 16 ELDERBERRY CLOSE has not materially changed since August 2021.

How Large is 16 ELDERBERRY CLOSE?

16 ELDERBERRY CLOSE is 57m² according to the EPC inspection conducted in April 2021. This puts it in the largest 40% of flats in Luton, based on EPC data. 67% of flats are smaller than 16 ELDERBERRY CLOSE, and 31% of flats are larger. Note that EPC data is not available for all properties in Luton.

16 ELDERBERRY CLOSE: Plot

16 ELDERBERRY CLOSE sits on a plot of roughly 1.1 acres, or 4,299m².

Where is 16 ELDERBERRY CLOSE?

16 ELDERBERRY CLOSE is located in LUTON, in the LU2 postcode district.