56 The Ridings

    56, THE RIDINGS, LUTON, LUTON, LU3 1BY

    This flat/maisonette leasehold property on The Ridings last sold in December 2003 for £83,000. Based on price growth in the LU3 district since then, its estimated current value is £175,253 — placing it in the 18th percentile nationally and the 9th percentile within LU3. The property covers 46 m² (495 sq ft), giving an estimated value of £3,810 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    495 sq ft

    46 m²

    Last Sale Price

    £83,000

    Dec 2003

    Estimated Valuation

    £175,253

    Est. £/sq ft

    £354/sq ft

    £3,810/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area495 sq ft (46 m²)
    EPC dateOct 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    15 Dec 2003

    £83,000

    20 Sept 2002

    £65,000

    29 Jan 1999

    £19,000

    Key Metrics

    Estimated valuation£175,253
    Value per sq ft / m²£354/sq ft (£3,810/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU3 district percentile9th percentile
    National percentile18th percentile

    District Context — LU3

    LU3 covers Leighton Buzzard and surrounding villages in central Bedfordshire, positioned between Milton Keynes and Luton. It is a mixed residential area with strong family appeal and a solid commuter base.

    Average Property Price - LU3

    £322,134

    49

    National percentile

    Average Net Household Income - LU3

    £37,313

    46

    National percentile

    10-Year Annualised Price Growth - LU3

    4.5%

    79

    National percentile

    10-Year Annualised Rent Growth - LU

    4.3%

    72

    National percentile

    View full analysis for LU3

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