FLAT B, 2, DOWNS ROAD, LUTON, LU1 1QR - £115,000

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 B 2 DOWNS ROAD is a very small flat of 31m², built sometime between 1900 and 1929, which could now be worth an estimated £114,937. It was last sold for £115,000 in August 2021, which was around 28% below the average August 2021 flat price in the Luton local authority area. The most recent EPC inspection was February 2021, where the current energy rating was D, and the potential energy rating was C.

FLAT B 2 DOWNS ROAD Sold Prices

Land registry data shows three sales for FLAT B 2 DOWNS ROAD 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. All of the three FLAT B 2 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
2021 13 AUG	£115,000	£159,079	28% below HPI
2016 15 NOV	£94,000	£148,378	37% below HPI
2003 28 NOV	£85,000	£92,390	8% below HPI

What might FLAT B 2 DOWNS ROAD be worth now?

FLAT B 2 DOWNS ROAD might now be worth an estimated £114,937.

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 FLAT B 2 DOWNS ROAD of £115,000 on 13th August 2021. For the value to have decreased from £115,000 to £114,937 over the five years and four months to April 2026, the following assumptions must hold true:

• The value of FLAT B 2 DOWNS ROAD has moved in line with the HPI for flats in the Luton local authority area.
• The August 2021 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT B 2 DOWNS ROAD has not materially changed since August 2021.

How Large is FLAT B 2 DOWNS ROAD?

FLAT B 2 DOWNS ROAD is 31m² according to the EPC inspection conducted in February 2021. This puts it in the smallest 10% of flats in Luton, based on EPC data. 6% of flats are smaller than FLAT B 2 DOWNS ROAD, and 92% of flats are larger. Note that EPC data is not available for all properties in Luton.

FLAT B 2 DOWNS ROAD: Plot

FLAT B 2 DOWNS ROAD sits on a plot of roughly 0.157 of an acre, or 634m².

Where is FLAT B 2 DOWNS ROAD?

FLAT B, 2 DOWNS ROAD is located in LUTON, in the LU1 postcode district.