According to the public record, 50, Corncastle Road, Luton is a mid-century freehold house with 936 ft2 of internal area and sits on a 263 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Corncastle Road, Luton, LU1 is located within the LU1 postal district.
50, Corncastle Road, Luton has 21 entries in the Land Registry database, most recently in July 2024 and a single entry in the EPC database dated January 2016.
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 50 Corncastle Road Luton as £273,438 and the rental value as £1,394 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 50 Corncastle Road Luton has decreased by £1,377 (0.5%) and its rental value has increased by £86 per month (6.2%).
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 50, Corncastle Road, Luton is in very good condition we estimate a sale value of £287,110 and rental value of £1,464 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £254,297 and a rental value of £1,297 per month.
If you were able to purchase this property for the estimated value of £273,438, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,344 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, 50, Corncastle Road, Luton sits on a plot of 263m2.
We have plot size data on 33 out of 55 other houses in the postcode and 50, Corncastle Road, Luton sits on the 7th largest plot.
According to HM Land Registry, 50, Corncastle Road, Luton was last sold on 11 Jul 2024 for £290,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jul 2024, the market for similar properties has risen 0.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 50, Corncastle Road, Luton within a radius of 400 metres over the last 2 years.
The most recent example is 57, Milton Road, Luton, LU1 5JB, a Freehold house which sold for £280,000 in Dec 2023.
Read more about house prices in LU1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Corncastle Road, Luton, LU1 has a total of 72 addresses. According to our analysis of all the public data, 50, Corncastle Road, Luton is the 19th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £15k more expensive than the average property in LU1.
50, Corncastle Road, Luton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Jan 2016.
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 50, Corncastle Road, Luton is Luton station which is 1.2 kilometres 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 50, Corncastle Road, Luton, 29.1% of property is privately owned with a mortgage and 24.6% is socially rented.
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 50, Corncastle Road, Luton, 28.1% of residents are recorded as possessing school level qualifications and 27.9% 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 50, Corncastle Road, Luton, the average age was 34.4 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 50, Corncastle Road, 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 50, Corncastle Road, Luton, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.