Flat 2, 40 Malzeard Road, Luton, LU3 1BD
About Flat 2
Flat 2 is a one-bedroom semi-detached house in Luton (LU3 1BD). It has a recorded floor area of 40 m² (around 431 sq ft), construction records dating it to 1930-1949 and council tax band A. At 40 m² this is the 3rd smallest of 4 units on EPC record in the building, where floor areas span 39–40 m². The building's EPC ratings span D to C, with this unit at the bottom. The latest certificate (February 2017) shows a D (score 66), on the cusp of jumping into the C band. The recommended improvements would push it to C (score 75).
Across 1999–2014, sale prices on this property compounded at 6.7% per year. Today's modelled estimate of £140,000 sits 75% above the 2014 sale of £80,000. At 40 m² it sits well below the postcode median (103 m² across 19 EPCs), making it one of the more compact homes locally. Last changed hands 12 years ago, in March 2014. Across the public record there are 4 sales, relatively high churn for a single property.
Know exactly what you're buying at Flat 2
Before you offer, see what the listing won't tell you, the true value, the red flags and the full history.
Already flagged here
Valuation
against the asking price
Risks
planning & flood
Sold prices
similar homes nearby
Trends
the local market
What this property has
Inside
- Bedrooms1
- Bathrooms1
Outside
- Communal gardenYes
- ParkingYes
Building
- Heating systemGas
- RefurbishedYes
Energy performance
EPC Rating
Planning history
Flat 2 has no planning applications on record.
Notable planning nearby
17applications of note in the surrounding area
We flagged 2 things worth checking at Flat 2
Independent checks surfaced things a buyer would want to understand before offering. The report explains each one in full, with the underlying data and what to ask.
- Signs of HMO activity in the area
- Larger development activity nearby
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Sales history & valuation
Sale price has at least doubled since 1999.
£140,000
Modelled from EPC, postcode comparables and a sale-price growth of 6.7% per year over 15 years.
£80,000
Growth on file: 6.7% per year over 15 years.
Sales timeline
27 March 2014Most recent
£80,000
-20.0%over 6 years30 November 2007
£100,000
+100.0%over 4 years6 December 2002
£50,000
+66.7%over 3 years20 January 1999
£29,995
Median price across the last 5 sales in LU3 1BD: £375,500 (2022–2015).
Everything we know about Flat 2, in one report
What it's really worth, what could be wrong, and the planning, sales and area data in full.
What we flagged
- Signs of HMO activity in the area
- Larger development activity nearby
Versus other Malzeard Road homes
On floor area, Flat 2 stands well clear of the street.
EPC Rating
66 (D)
Street avg 67 (D)
Floor Area
40 m²
Street avg 39 m²
CO₂ Emissions
2.2 t/year
Street avg 2.7 t/year
Habitable Rooms
2 rooms
Street avg 2 rooms
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The neighbourhood at a glance
Reported crime in the wider district is trending notably upward year-on-year.
Crime
6/mo
Rising year-on-year across the wider district.
Nearest stop
0.2 km
Studley Road — bus stop.
Closest school
0.4 km
Denbigh High School. 39 schools nearby.
Go deeper on the local area
The full report breaks down crime, transport links, schools and air quality in depth.
Road noise across the postcode
Daytime· 07:00 – 23:00
53.4dB
Night-time· 23:00 – 07:00
43.9dB