According to the public record, Flat 1, 2, Gordon Street, Luton is a modern apartment with 785 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 2, Gordon Street, Luton, LU1.
Gordon Street, Luton, LU1 is located within the LU1 postal district.
Flat 1, 2, Gordon Street, Luton has no records in the Land Registry database and a single entry in the EPC database dated March 2023.
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 Flat 1 2 Gordon Street Luton as £116,254 and the rental value as £733 per month giving an expected gross yield of 7.6%.
Over the last 12 months the sale value of Flat 1 2 Gordon Street Luton has decreased by £689 (0.6%) and its rental value has increased by £44 per month (5.9%).
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 Flat 1, 2, Gordon Street, Luton is in very good condition we estimate a sale value of £122,066 and rental value of £770 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £108,116 and a rental value of £682 per month.
If you were able to purchase this property for the estimated value of £116,254, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £571 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 1 sale of a property similar to Flat 1, 2, Gordon Street, Luton within a radius of 310 metres over the last 2 years.
The most recent example is 76A, Wellington Street, Luton, LU1 5AA, a Leasehold flat which sold for £100,000 in Sep 2007.
Read more about house prices in LU1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 310 metres radius of Flat 1, 2, Gordon Street, Luton over the last 2 years.
Most recently 52, Cardigan Street, Luton, LU1 1RR, a Freehold house let by Andrea & Co in Sep 2023.
Gordon Street, Luton, LU1 has a total of 85 addresses. According to our analysis of all the public data, Flat 1, 2, Gordon Street, Luton is the 6th largest and the 72nd most expensive property on the street.
When compared to the postcode district it is £143k less expensive than the average property in LU1.
Flat 1, 2, Gordon Street, Luton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Mar 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 1, 2, Gordon Street, Luton is Luton station which is 400 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 Flat 1, 2, Gordon Street, Luton, 47.3% of property is privately owned with a mortgage and 41.2% 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 Flat 1, 2, Gordon Street, Luton, 16.1% of residents are recorded as possessing school level qualifications and 42.4% 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 Flat 1, 2, Gordon Street, Luton, the average age was 31.5 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 Flat 1, 2, Gordon Street, Luton, 1.3% 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 Flat 1, 2, Gordon Street, Luton, there are an average of 1.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.