According to the public record, Flat 10, 292-294, Dunstable Road, Luton is a period leasehold apartment and with 452 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 292-294, Dunstable Road, Luton, LU4.
Dunstable Road, Luton, LU4 is located within the LU4 postal district.
Flat 10, 292-294, Dunstable Road, Luton has 31 entries in the Land Registry database, most recently in December 2021 and a single entry in the EPC database dated October 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 Flat 10 292-294 Dunstable Road Luton as £101,932 and the rental value as £660 per month giving an expected gross yield of 7.8%.
Over the last 12 months the sale value of Flat 10 292-294 Dunstable Road Luton has increased by £396 (0.4%) and its rental value has increased by £43 per month (6.6%).
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 Flat 10, 292-294, Dunstable Road, Luton is in very good condition we estimate a sale value of £107,029 and rental value of £693 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £94,797 and a rental value of £614 per month.
If you were able to purchase this property for the estimated value of £101,932, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £501 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, Flat 10, 292-294, Dunstable Road, Luton was last sold on 24 Dec 2021 for £60,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Dec 2021, the market for similar properties has risen 2.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 10, 292-294, Dunstable Road, Luton within a radius of 0m over the last 2 years.
The most recent example is Flat 1, 292-294, Dunstable Road, Luton, LU4 8JW, a Leasehold flat which sold for £85,500 in Jan 2020.
Read more about house prices in LU4.
Dunstable Road, Luton, LU4 has a total of 833 addresses. According to our analysis of all the public data, Flat 10, 292-294, Dunstable Road, Luton is the 703rd largest and the 787th most expensive property on the street.
When compared to the postcode district it is £186k less expensive than the average property in LU4.
Flat 10, 292-294, Dunstable Road, Luton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Oct 2023.
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 Flat 10, 292-294, Dunstable Road, Luton is Luton station which is 1.7 km 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 10, 292-294, Dunstable Road, Luton, 34.0% of property is privately owned with a mortgage and 29.2% 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 10, 292-294, Dunstable Road, Luton, 32.8% of residents are recorded as possessing school level qualifications and 20.4% 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 10, 292-294, Dunstable Road, Luton, the average age was 31.3 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 10, 292-294, Dunstable Road, 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 Flat 10, 292-294, Dunstable 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.