According to the public record, 40, Woodmere, Luton is a modern freehold house and with 1,216 ft2 of internal area and sits on a 304 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Woodmere, Luton, LU3 is located within the LU3 postal district.
40, Woodmere, Luton has a single entry in the Land Registry database from April 2016 and a single entry in the EPC database dated September 2015.
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 40 Woodmere Luton as £464,607 and the rental value as £1,728 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 40 Woodmere Luton has decreased by £5,393 (1.2%) and its rental value has increased by £64 per month (3.7%).
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 40, Woodmere, Luton is in very good condition we estimate a sale value of £487,837 and rental value of £1,814 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £432,084 and a rental value of £1,607 per month.
If you were able to purchase this property for the estimated value of £464,607, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,283 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, 40, Woodmere, Luton sits on a plot of 304m2.
We have plot size data on 21 out of 40 other houses in the postcode and 40, Woodmere, Luton sits on the 18th largest plot.
According to HM Land Registry, 40, Woodmere, Luton was last sold on 29 Apr 2016 for £355,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2016, the market for similar properties has risen 24.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Woodmere, Luton within a radius of 223m over the last 2 years.
The most recent example is 64, Woodmere, Luton, LU3 4DN, a Freehold house which sold for £515,000 in May 2024.
Read more about house prices in LU3.
Woodmere, Luton, LU3 has a total of 79 addresses. According to our analysis of all the public data, 40, Woodmere, Luton is the 34th largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £158k more expensive than the average property in LU3.
40, Woodmere, Luton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Sep 2015.
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 40, Woodmere, Luton is Leagrave station which is 2.5 km 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 40, Woodmere, Luton, 48.3% of property is privately owned outright and 35.1% 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 40, Woodmere, Luton, 12.8% of residents are recorded as possessing school level qualifications and 30.5% 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 40, Woodmere, Luton, the average age was 43.4 and the most common age was 52.
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 40, Woodmere, Luton, 0.0% 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 40, Woodmere, Luton, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.