FLAT E, 2, DOWNS ROAD, LUTON, LU1 1QR - £175,000

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 E 2 DOWNS ROAD is a flat, which could now be worth an estimated £168,285. It was last sold for £175,000 in June 2022, which was around 6% above the average June 2022 flat price in the Luton local authority area.

FLAT E 2 DOWNS ROAD Sold Prices

Land registry data shows four sales for FLAT E 2 DOWNS 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. Most of the four FLAT E 2 DOWNS ROAD sales were 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
2022 16 JUN	£175,000	£165,336	6% above HPI
2015 16 OCT	£142,000	£127,586	11% above HPI
2010 26 NOV	£110,000	£99,471	11% above HPI
2009 3 FEB	£84,000	£98,685	15% below HPI

What might FLAT E 2 DOWNS ROAD be worth now?

FLAT E 2 DOWNS ROAD might now be worth an estimated £168,285.

This is based on house price deflation of 3.8%, between June 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 3.8% deflationary decrease is applied to the most recent sale price for FLAT E 2 DOWNS ROAD of £175,000 on 16th June 2022. For the value to have decreased from £175,000 to £168,285 over the four years and two months to April 2026, the following assumptions must hold true:

• The value of FLAT E 2 DOWNS ROAD has moved in line with the HPI for flats in the Luton local authority area.
• The June 2022 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT E 2 DOWNS ROAD has not materially changed since June 2022.

Where is FLAT E 2 DOWNS ROAD?

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