According to the public record, Flat 12, William Court, Luton is a modern leasehold apartment and with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in William Court, Memorial Road, Luton, LU3.
Memorial Road, Luton, LU3 is located within the LU3 postal district.
Flat 12, William Court, Luton has a single entry in the Land Registry database from May 2021 and 2 entries in the EPC database, most recently in February 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 Flat 12 William Court Luton as £162,590 and the rental value as £1,005 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of Flat 12 William Court Luton has increased by £1,142 (0.7%) and its rental value has increased by £62 per month (6.2%).
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 12, William Court, Luton is in very good condition we estimate a sale value of £170,719 and rental value of £1,055 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £151,208 and a rental value of £935 per month.
If you were able to purchase this property for the estimated value of £162,590, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £799 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 12, William Court, Luton was last sold on 25 May 2021 for £145,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2021, the market for similar properties has risen 8.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 12, William Court, Luton within a radius of 107m over the last 2 years.
The most recent example is 22 Kathleen Court, Sarum Road, Luton, LU3 2RA, a Leasehold flat which sold for £170,000 in Jun 2023.
Read more about house prices in LU3.
Our network of Estate Agents report 1 let within a 276m radius of Flat 12, William Court, Luton over the last 2 years.
Most recently 5, Roman Road, Luton, LU4 9DL, a Freehold house let by Andrea & Co for an undisclosed amount in May 2024.
Memorial Road, Luton, LU3 has a total of 21 addresses. According to our analysis of all the public data, Flat 12, William Court, Luton is the 10th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £144k less expensive than the average property in LU3.
Flat 12, William Court, Luton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Feb 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 Flat 12, William Court, Luton is Leagrave station which is 500 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 Flat 12, William Court, Luton, 52.8% of property is privately rented and 19.4% is privately owned with a mortgage.
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 12, William Court, Luton, 15.8% of residents are recorded as possessing school level qualifications and 33.4% 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 12, William Court, Luton, the average age was 37 and the most common age was 7.
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 12, William Court, Luton, 0.6% 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 12, William Court, Luton, there are an average of 0.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.