According to the public record, 1, Norton Road, Luton is a period leasehold house with 968 ft2 of internal area and sits on a 242 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Norton Road, Luton, LU3 is located within the LU3 postal district.
1, Norton Road, Luton has 21 entries in the Land Registry database, most recently in February 2022 and a single entry in the EPC database dated November 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Norton Road Luton as £318,074 and the rental value as £1,572 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 1 Norton Road Luton has increased by £1,087 (0.3%) and its rental value has increased by £91 per month (5.8%).
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 1, Norton Road, Luton is in very good condition we estimate a sale value of £333,978 and rental value of £1,651 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £295,809 and a rental value of £1,462 per month.
If you were able to purchase this property for the estimated value of £318,074, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,563 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 1, Norton Road, Luton sits on a plot of 242m2.
We have plot size data on 42 out of 58 other houses in the postcode and 1, Norton Road, Luton sits on the 17th largest plot.
According to HM Land Registry, 1, Norton Road, Luton was last sold on 08 Feb 2022 for £305,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Feb 2022, the market for similar properties has dropped 0.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Norton Road, Luton within a radius of 490 metres over the last 2 years.
The most recent example is 20, Norton Road, Luton, LU3 2NX, a Freehold house which sold for £275,000 in Nov 2023.
Read more about house prices in LU3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let of a property similar to 1, Norton Road, Luton within a radius of 490 metres over the last 2 years.
Most recently 5, Roman Road, Luton, LU4 9DL, a Freehold house let by Andrea & Co in May 2024.
Norton Road, Luton, LU3 has a total of 61 addresses. According to our analysis of all the public data, 1, Norton Road, Luton is the 15th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £12k more expensive than the average property in LU3.
1, Norton Road, Luton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Nov 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1, Norton Road, Luton is Leagrave station which is 900 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 1, Norton Road, Luton, 40.5% of property is privately rented and 29.8% is privately owned with a mortgage.
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 1, Norton Road, Luton, 26.9% of residents are recorded as possessing school level qualifications and 32.2% 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 1, Norton Road, Luton, the average age was 37 and the most common age was 7.
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 1, Norton Road, Luton, 0.2% 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 1, Norton Road, Luton, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.