59, Olympic Close, LU3 3UG

59 Olympic Close is a 61 m² flat in Luton. It sold for £100,000 in Nov 2015.

Property data
Sale history
£100,000 on Nov 2015

*This price paid record has been flagged by Land Registry as a 'Category B: Additional Price Paid entry'. This could be due to a variety of reasons, such as the sale being a buy-to-let purchase, a repossession or a transfer to a limited company. When Land Registry suspects that a sale does not reflect full market value (e.g. part-ownership or right to buy), these transactions can be flagged as well. For this reason, we exclude them from our area statistics.

Internal area
61 square metres (657 square feet) according to latest EPC inspection
Price per internal area

This property sold for £1,639 per square metre (£152 per square foot) in Nov 2015. Indexed forward to today's value, this is roughly £1,998 per square metre (£186 per square foot) .

Date Paid price Paid £/sqm Today's value Today's value £/sqm
Nov 2015 £100,000 £1,639 £121,902 £1,998

Calculated using the latest EPC internal area of 61 m². Earlier sale dates may not have had the same measured area available.

Valuation
The most recent sale price indexed forward to today's value is £121,902. This is one data point to inform the valuation. Another method is the valuation implied by what comparable homes are selling for. Homes in Luton are now selling for between £3,280 and £4,330 per square metre (£304 and £402 per square foot). Based on an internal area of 61 m², this implies a valuation between £200,000 and £264,000. Treat this as context only. For a valuation using hand-picked comparable sales, use the Advanced search tool — create a shortlist of similar condition homes, then export a valuation report.
Bedrooms
2
Type
Flat
Council tax band
A
Company ownership
Title number
BD254385
Tenure
Leasehold/other
Title address
59 Olympic Close, Luton
Owner
LUTON BOROUGH COUNCIL
Proprietor address: Town Hall, George Street, Luton LU1 2BQ
Price paid on title: £100,000
Ownership record added to Land Registry's corporate ownership dataset 17 Nov 2015
Social housing indicators

This property has been flagged on the basis of:

  • Land Registry records the owner as Luton Borough Council (a Regulator of Social Housing registered provider).
EPC Inspections
Summary:
25 November 2015 - energy performance certificate grade C
Reason for EPC:
Rental
Tenure:
Social rental
Property type:
3rd floor flat on the top floor in an apartment block with 1 storeys , has 3 habitable rooms. Estimated year built 1976 to 1982
Area:
61 sqm (657 square foot) total internal area
Comments:
Walls: Cavity wall, filled cavity. Roof: Pitched, 200 mm loft insulation. Heating: Boiler and radiators, mains gas.
Summary:
17 November 2011 - energy performance certificate grade D
Reason for EPC:
None
Tenure:
Owner-occupied
Property type:
None , has 3 habitable rooms. Estimated year built 1967 to 1975
Area:
61 sqm (657 square foot) total internal area
Comments: