LU1 1RN is a residential postcode located on Cardigan Mews, Luton, LU1. It is the 224th largest postcode in the LU1 area.
It contains 7 flats and the most common type of property is a period flat built between 1800 and 1911.
The average house value is £75,043. Sales values have decreased in the last 12 months by 0.4% and Rental values have increased by 6.1%.
Property sale values range from £57,809 for a studio leasehold flat of 183 square feet and has a garden to £95,325 for a leasehold flat, with 2 bedrooms split across 527 square feet of gross internal area and has a garden.
Average £/ft2 for properties in LU1 1RN is £204/ft2.
Properties achieve a rental yield of between 7.7% and 7.8%, and rental values range from £373 to £619 per month.
The last sale was 13 Jul 2023 for £90,000 and since then the market in the area has decreased by -0.3%. The postcode has had a total of 4 sales since 1995.
LU1 1RN has seen 1 sale in the last three years and no sales in the last twelve months.
LU1 1RN is the 224th largest and the 6th most expensive postcode out of the 879 postcodes in the LU1 area.
LU1 1RN is the 224th largest and the 6th most expensive postcode out of the 879 postcodes in the LU1 area.
LU1 1RN is a residential postcode located on Cardigan Mews, Luton, LU1 with 7 flats within its bounds.
The most common property type in LU1 1RN is a period flat built between 1800 and 1911.
The homes with certificates are generally period in style with the most common Energy Performance Certificate (EPC) rating being D.
The closest station to LU1 1RN is Luton station which is 500 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around LU1 1RN, 93.9% of property is privately rented and 3.1% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around LU1 1RN, 21.7% of residents are recorded as possessing school level qualifications and 35.3% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around LU1 1RN, the average age was 31.5 and the most common age was 12.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around LU1 1RN, 0.6% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around LU1 1RN, there are an average of 0.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.