According to the public record, 69, London Road, Luton is a period freehold house with 1,496 ft2 of internal area and sits on a 349 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
London Road, Luton, LU1 is located within the LU1 postal district.
69, London Road, Luton has a single entry in the Land Registry database from September 2023 and a single entry in the EPC database dated April 2023.
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 69 London Road Luton as £426,700 and the rental value as £1,837 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 69 London Road Luton has decreased by £7,927 (1.9%) and its rental value has increased by £85 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 69, London Road, Luton is in very good condition we estimate a sale value of £448,035 and rental value of £1,929 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £396,831 and a rental value of £1,709 per month.
If you were able to purchase this property for the estimated value of £426,700, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,097 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, 69, London Road, Luton sits on a plot of 349m2.
We have plot size data on 7 out of 12 other houses in the postcode and 69, London Road, Luton sits on the 5th largest plot.
According to HM Land Registry, 69, London Road, Luton was last sold on 11 Sep 2023 for £395,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2023, the market for similar properties has dropped 1.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 69, London Road, Luton within a radius of 440 metres over the last 2 years.
The most recent example is 73, London Road, Luton, LU1 3UG, a Freehold house which sold for £550,000 in Nov 2023.
Read more about house prices in LU1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
London Road, Luton, LU1 has a total of 236 addresses. According to our analysis of all the public data, 69, London Road, Luton is the 41st largest and the 58th most expensive property on the street.
When compared to the postcode district it is £168k more expensive than the average property in LU1.
69, London Road, Luton has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 05 Apr 2023.
The property is connected to mains gas and has single glazed windows. It is heated using electric storage heaters.
The closest station to 69, London Road, Luton is Luton station which is 1.4 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 69, London Road, Luton, 42.6% of property is privately rented and 27.1% 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 69, London Road, Luton, 15.3% of residents are recorded as possessing school level qualifications and 34.8% 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 69, London Road, Luton, the average age was 33.3 and the most common age was 32.
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 69, London Road, Luton, 1.4% 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 69, London Road, Luton, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.