According to the public record, 49, Mendip Way, Luton is a mid-century freehold house and with 871 ft2 of internal area and sits on a 300 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Mendip Way, Luton, LU3 is located within the LU3 postal district.
49, Mendip Way, Luton has a single entry in the Land Registry database from October 2021 and a single entry in the EPC database dated June 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 49 Mendip Way Luton as £317,724 and the rental value as £1,477 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 49 Mendip Way Luton has decreased by £14 (0.0%) and its rental value has increased by £80 per month (5.4%).
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 49, Mendip Way, Luton is in very good condition we estimate a sale value of £333,611 and rental value of £1,550 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £295,484 and a rental value of £1,373 per month.
If you were able to purchase this property for the estimated value of £317,724, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,562 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, 49, Mendip Way, Luton sits on a plot of 300m2.
We have plot size data on 29 out of 60 other houses in the postcode and 49, Mendip Way, Luton sits on the 26th largest plot.
According to HM Land Registry, 49, Mendip Way, Luton was last sold on 14 Oct 2021 for £310,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2021, the market for similar properties has risen 3.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 49, Mendip Way, Luton within a radius of 141m over the last 2 years.
The most recent example is 8, Mendip Way, Luton, LU3 3JL, a Freehold house which sold for £320,000 in Feb 2024.
Read more about house prices in LU3.
Mendip Way, Luton, LU3 has a total of 100 addresses. According to our analysis of all the public data, 49, Mendip Way, Luton is the 63rd largest and the 92nd most expensive property on the street.
When compared to the postcode district it is £11k more expensive than the average property in LU3.
49, Mendip Way, Luton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 01 Jun 2021.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 49, Mendip Way, Luton is Leagrave station which is 2.0 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 49, Mendip Way, Luton, 48.4% of property is privately owned outright and 38.9% 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 49, Mendip Way, Luton, 20.9% of residents are recorded as possessing school level qualifications and 31.1% 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 49, Mendip Way, Luton, the average age was 37.8 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 49, Mendip Way, Luton, 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 49, Mendip Way, Luton, there are an average of 1.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.