According to the public record, 159, Old Bedford Road, Luton is a mid-century freehold house and with 2,325 ft2 of internal area and sits on a 1,403 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Old Bedford Road, Luton, LU2 is located within the LU2 postal district.
159, Old Bedford Road, Luton has a single entry in the Land Registry database from March 2021 and a single entry in the EPC database dated February 2021.
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 159 Old Bedford Road Luton as £1,112,803 and the rental value as £4,138 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 159 Old Bedford Road Luton has decreased by £12,277 (1.1%) and its rental value has increased by £191 per month (4.6%).
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 159, Old Bedford Road, Luton is in very good condition we estimate a sale value of £1,168,443 and rental value of £4,345 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,034,907 and a rental value of £3,848 per month.
According to data from HM Land Registry, 159, Old Bedford Road, Luton sits on a plot of 1403m2.
We have plot size data on 4 out of 9 other houses in the postcode and 159, Old Bedford Road, Luton sits on the largest plot.
According to HM Land Registry, 159, Old Bedford Road, Luton was last sold on 29 Mar 2021 for £1,100,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2021, the market for similar properties has risen 7.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 159, Old Bedford Road, Luton within a radius of 419m over the last 2 years.
The most recent example is 151, Old Bedford Road, Luton, LU2 7EF, a Freehold house which sold for £1,100,000 in Sep 2022.
Read more about house prices in LU2.
Old Bedford Road, Luton, LU2 has a total of 652 addresses. According to our analysis of all the public data, 159, Old Bedford Road, Luton is the 65th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £799k more expensive than the average property in LU2.
159, Old Bedford Road, Luton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Feb 2021.
The property is connected to mains gas and has partial secondary glazing. It is heated using a boiler and radiators.
The closest station to 159, Old Bedford Road, Luton is Luton station which is 1.8 km away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
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 159, Old Bedford Road, Luton, 53.8% of property is privately owned with a mortgage and 37.9% 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 159, Old Bedford Road, Luton, 31.1% of residents are recorded as possessing school level qualifications and 42.4% as possessing degree level qualifications.
The graph below shows how this compares to Greater London 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 159, Old Bedford Road, Luton, 0.0% of property was a second home.
Comparison figures for This region 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 159, Old Bedford Road, Luton, there are an average of 1.9 cars per household.
See below for how this compares to This region and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 159, Old Bedford Road, Luton, the average age was 37.9 and the most common age was 12.
The graph below shows how this compares to This region and the rest of England & Wales