Property data
Sale history
Date Paid price Annual growth After inflation
May 2018 £167,500 * 4.0% 1.7%
Aug 2004 £98,000 14.3% 12.6%
Nov 2001 £68,000 22.9% 20.7%
Jan 2000 £47,000 na na

*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
32 square metres (344 square feet) according to latest EPC inspection
Price per internal area

This property sold for £5,234 per square metre (£486 per square foot) in May 2018. Indexed forward to today's value, this is roughly £5,291 per square metre (£492 per square foot) .

Date Paid price Paid £/sqm Today's value Today's value £/sqm
May 2018 £167,500 £5,234 £169,307 £5,291
Aug 2004 £98,000 £3,062 £153,524 £4,798
Nov 2001 £68,000 £2,125 £181,277 £5,665
Jan 2000 £47,000 £1,469 £169,588 £5,300

Calculated using the latest EPC internal area of 32 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 £169,307. 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 £3,460 and £4,410 per square metre (£321 and £409 per square foot). Based on an internal area of 32 m², this implies a valuation between £111,000 and £141,000. 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
3
Type
Flat
Council tax band
B
Company ownership
Title number
BD99252
Tenure
Leasehold/other
Title address
7b Riddy Lane, Luton
Owner
AKM PIZZA LIMITED (Company reference number: 03730377)
Proprietor address: 67 Kingsway, Luton LU4 8EJ
Price paid on title: £167,500
Ownership record added to Land Registry's corporate ownership dataset 05 Jun 2018
EPC Inspections
Summary:
13 June 2019 - energy performance certificate grade D
Reason for EPC:
Rental
Tenure:
Private rental
Property type:
3rd floor flat on the top floor in an apartment block with 1 storeys , has 2 habitable rooms. Estimated year built 1950 to 1966
Area:
32 sqm (344 square foot) total internal area
Comments:
Walls: Timber frame, as built, partial insulation (assumed). Roof: Pitched, 300 mm loft insulation. Heating: Room heaters, electric.