2 Olympic Court, Luton
2 Olympic Court, Luton
Description & Estimates
According to the public record, 2 Olympic Court, Luton is a modern leasehold apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2 Olympic Court, Luton is £166,640 and the estimated rental value is £920 per month.
The apartment is within Olympic Court, Cannon Lane, Luton, LU2.
Cannon Lane, Luton, LU2 is located within the LU2 postal district.
Our Data Sources
2 Olympic Court, Luton has a single entry in the Land Registry from November 2021 and a single entry in the EPC database dated November 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2 Olympic Court, Luton is in very good condition we estimate a sale value of £174,972 and a rental value of £966 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £154,975 and a rental value of £856 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2 Olympic Court, Luton has decreased by £1,816 (1.1%), while its estimated rental value has grown by £8 per month (0.9%). Based on current estimates, the property offers a gross rental yield of 6.6%.
Energy Efficiency
2 Olympic Court, Luton has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 03 Nov 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
According to HM Land Registry, 2 Olympic Court, Luton was last sold on 12th November 2021 for £155,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since November 2021, the market for similar properties has risen by 7.4%.
- Sold Nov 2021£155,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Olympic Court, Luton within a radius of 750 metres over the last 2 years.
The most recent example is 29 Olympic Court, Cannon Lane, Luton, LU2 8DA, a leasehold flat which sold for £165,000 on the 29th August 2024.
Read more about house prices in LU2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Cannon Lane, Luton, LU2 has a total of 101 addresses. According to our analysis of all the public data, 2 Olympic Court, Luton is the 87th largest and the 89th most expensive property on the street.
When compared to the postcode district it is £158k less expensive than the average property in LU2.
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Schools Nearby
- 500mPutteridge Primary School
- 800mStopsley Community Primary School
- 1.1kmSacred Heart Catholic Primary School
- 600mPutteridge High School
- 1.2kmStopsley High School
- 1.8kmQueen Elizabeth School
More reading links
Public Transport Nearby
The closest station to 2 Olympic Court, Luton is Luton station, which is 3.1 kilometres away.
- 3.1kmLuton
- 3.8kmLuton Airport Parkway
- 4.6kmLeagrave
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
