According to the public record, 76, Castle Street, Luton is a period apartment with 592 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 76, Castle Street, Luton, LU1.
Castle Street, Luton, LU1 is located within the LU1 postal district.
76, Castle Street, Luton has no records in the Land Registry database and a single entry in the EPC database dated July 2020.
We combine this information with public data 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 76 Castle Street Luton as £227,075 and the rental value as £1,175 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 76 Castle Street Luton has decreased by £1,716 (0.8%) and its rental value has increased by £68 per month (5.8%).
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 76, Castle Street, Luton is in very good condition we estimate a sale value of £238,429 and rental value of £1,233 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £211,180 and a rental value of £1,092 per month.
If you were able to purchase this property for the estimated value of £227,075, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,116 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 76, Castle Street, Luton within a radius of 290 metres over the last 2 years.
The most recent example is Flat A, 19, Stockwood Crescent, Luton, LU1 3SS, a Leasehold flat which sold for £105,000 in Mar 2017.
Read more about house prices in LU1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Castle Street, Luton, LU1 has a total of 108 addresses. According to our analysis of all the public data, 76, Castle Street, Luton is the 36th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £32k less expensive than the average property in LU1.
76, Castle Street, Luton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 27 Jul 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 76, Castle Street, Luton is Luton station which is 900 metres 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 76, Castle Street, Luton, 87.9% of property is socially rented and 8.1% is privately 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 76, Castle Street, Luton, 47.5% of residents are recorded as possessing school level qualifications and 21.0% 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 76, Castle Street, 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 76, Castle Street, 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 76, Castle Street, Luton, there are an average of 1.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.