According to the public record, 8B, Hibbert Street, Luton is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 369 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 8, Hibbert Street, Luton, LU1.
Hibbert Street, Luton, LU1 is located within the LU1 postal district.
8B, Hibbert Street, Luton has 3 entries in the Land Registry database, most recently in April 2024 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 8B Hibbert Street Luton as £103,964 and the rental value as £670 per month giving an expected gross yield of 7.7%.
Over the last 12 months the sale value of 8B Hibbert Street Luton has decreased by £600 (0.6%) and its rental value has increased by £40 per month (6.0%).
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 8B, Hibbert Street, Luton is in very good condition we estimate a sale value of £109,162 and rental value of £703 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £96,686 and a rental value of £623 per month.
If you were able to purchase this property for the estimated value of £103,964, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £511 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 HM Land Registry, 8B, Hibbert Street, Luton was last sold on 11 Apr 2024 for £80,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Apr 2024, the market for similar properties has dropped 0.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8B, Hibbert Street, Luton within a radius of 242m over the last 2 years.
The most recent example is 16 Alpine Terrace, Stockwood Crescent, Luton, LU1 3SS, a Leasehold flat which sold for £64,000 in Mar 2020.
Read more about house prices in LU1.
Hibbert Street, Luton, LU1 has a total of 115 addresses. According to our analysis of all the public data, 8B, Hibbert Street, Luton is the 83rd largest and the 107th most expensive property on the street.
When compared to the postcode district it is £155k less expensive than the average property in LU1.
The closest station to 8B, Hibbert Street, Luton is Luton station which is 900 m 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 8B, Hibbert Street, Luton, 55.1% of property is privately rented and 33.9% 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 8B, Hibbert Street, Luton, 29.1% of residents are recorded as possessing school level qualifications and 31.2% 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 8B, Hibbert 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 8B, Hibbert Street, Luton, 0.2% 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 8B, Hibbert Street, Luton, there are an average of 0.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.