According to the public record, 51C, Buxton Road, Luton is a modern leasehold apartment with 430 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 51, Buxton Road, Luton, LU1.
Buxton Road, Luton, LU1 is located within the LU1 postal district.
51C, Buxton Road, Luton has 31 entries in the Land Registry database, most recently in February 2023 and a single entry in the EPC database dated November 2022.
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 51C Buxton Road Luton as £138,091 and the rental value as £800 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 51C Buxton Road Luton has decreased by £707 (0.5%) and its rental value has increased by £49 per month (6.1%).
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 51C, Buxton Road, Luton is in very good condition we estimate a sale value of £144,996 and rental value of £840 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £128,425 and a rental value of £744 per month.
If you were able to purchase this property for the estimated value of £138,091, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £679 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, 51C, Buxton Road, Luton was last sold on 23 Feb 2023 for £140,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Feb 2023, the market for similar properties has dropped 2.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 51C, Buxton Road, Luton within a radius of 280 metres over the last 2 years.
The most recent example is 16 Kingswood Court, Grove Road, Luton, LU1 1BL, a Leasehold flat which sold for £125,000 in Mar 2024.
Read more about house prices in LU1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Buxton Road, Luton, LU1 has a total of 112 addresses. According to our analysis of all the public data, 51C, Buxton Road, Luton is the 39th largest and the 35th most expensive property on the street.
When compared to the postcode district it is £121k less expensive than the average property in LU1.
51C, Buxton Road, Luton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Nov 2022.
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 51C, Buxton Road, Luton is Luton station which is 800 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 51C, Buxton Road, Luton, 71.9% of property is privately rented and 21.9% 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 51C, Buxton Road, Luton, 21.4% of residents are recorded as possessing school level qualifications and 29.2% 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 51C, Buxton 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 51C, Buxton Road, Luton, 0.9% 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 51C, Buxton Road, Luton, there are an average of 0.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.