FLAT 4, 4, DOWNS ROAD, LUTON, LU1 1QR - £105,000

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 4 4 DOWNS ROAD is a small flat of 41m², built sometime between 1900 and 1929, which could now be worth an estimated £106,034. It was last sold for £105,000 in February 2019, which was around 33% below the average February 2019 flat price in the Luton local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was B.

FLAT 4 4 DOWNS ROAD Sold Prices

Land registry data shows two sales for FLAT 4 4 DOWNS ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Luton local authority area for the corresponding sale date. Both of the two FLAT 4 4 DOWNS 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
2019 8 FEB	£105,000	£156,931	33% below HPI
2015 23 JAN	£85,000	£111,834	24% below HPI

What might FLAT 4 4 DOWNS ROAD be worth now?

FLAT 4 4 DOWNS ROAD might now be worth an estimated £106,034.

This is based on house price inflation of 1%, between February 2019 and May 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 1% inflationary increase is applied to the most recent sale price for FLAT 4 4 DOWNS ROAD of £105,000 on 8th February 2019. For the value to have increased from £105,000 to £106,034 over the six years and nine months to May 2026, the following assumptions must hold true:

• The value of FLAT 4 4 DOWNS ROAD has moved in line with the HPI for flats in the Luton local authority area.
• The February 2019 sale price of £105,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT 4 4 DOWNS ROAD has not materially changed since February 2019.

How Large is FLAT 4 4 DOWNS ROAD?

FLAT 4 4 DOWNS ROAD is 41m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 30% of flats in Luton, based on EPC data. 23% of flats are smaller than FLAT 4 4 DOWNS ROAD, and 75% of flats are larger. Note that EPC data is not available for all properties in Luton.

FLAT 4 4 DOWNS ROAD: Plot

FLAT 4 4 DOWNS ROAD sits on a plot of roughly 0.175 of an acre, or 707m².

Where is FLAT 4 4 DOWNS ROAD?

FLAT 4, 4 DOWNS ROAD is located in LUTON, in the LU1 postcode district.