FLAT B, 3, CRESCENT RISE, LUTON, LU2 0AT - £145,000

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 3 CRESCENT RISE is a very small flat of 38m², built sometime between 1900 and 1929, which could now be worth an estimated £156,153. It was last sold for £145,000 in May 2020, which was around 1% below the average May 2020 flat price in the Luton local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

FLAT B 3 CRESCENT RISE Sold Prices

Land registry data shows two sales for FLAT B 3 CRESCENT RISE 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 B 3 CRESCENT RISE 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
2020 26 MAY	£145,000	£147,158	1% below HPI
2007 3 MAY	£117,500	£118,581	1% below HPI

What might FLAT B 3 CRESCENT RISE be worth now?

FLAT B 3 CRESCENT RISE might now be worth an estimated £156,153.

This is based on house price inflation of 7.7%, between May 2020 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 7.7% inflationary increase is applied to the most recent sale price for FLAT B 3 CRESCENT RISE of £145,000 on 26th May 2020. For the value to have increased from £145,000 to £156,153 over the six years to May 2026, the following assumptions must hold true:

• The value of FLAT B 3 CRESCENT RISE has moved in line with the HPI for flats in the Luton local authority area.
• The May 2020 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT B 3 CRESCENT RISE has not materially changed since May 2020.

How Large is FLAT B 3 CRESCENT RISE?

FLAT B 3 CRESCENT RISE is 38m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 20% of flats in Luton, based on EPC data. 16% of flats are smaller than FLAT B 3 CRESCENT RISE, and 81% of flats are larger. Note that EPC data is not available for all properties in Luton.

FLAT B 3 CRESCENT RISE: Plot

FLAT B 3 CRESCENT RISE sits on a plot of roughly 0.047 of an acre, or 192m².

Where is FLAT B 3 CRESCENT RISE?

FLAT B, 3 CRESCENT RISE is located in LUTON, in the LU2 postcode district.