According to the public record, Flat 2, 79, High Town Road, Luton is a period leasehold apartment and with 441 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 79, High Town Road, Luton, LU2.
High Town Road, Luton, LU2 is located within the LU2 postal district.
Flat 2, 79, High Town Road, Luton has a single entry in the Land Registry database from July 2022 and a single entry in the EPC database dated March 2017.
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 2 79 High Town Road Luton as £122,240 and the rental value as £780 per month giving an expected gross yield of 7.7%.
Over the last 12 months the sale value of Flat 2 79 High Town Road Luton has increased by £302 (0.2%) and its rental value has increased by £50 per month (6.4%).
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 2, 79, High Town Road, Luton is in very good condition we estimate a sale value of £128,352 and rental value of £819 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £113,683 and a rental value of £725 per month.
If you were able to purchase this property for the estimated value of £122,240, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £601 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 2, 79, High Town Road, Luton was last sold on 11 Jul 2022 for £122,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2022, the market for similar properties has dropped 3.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 79, High Town Road, Luton within a radius of 344m over the last 2 years.
The most recent example is 153, High Town Road, Luton, LU2 0BX, a Leasehold flat which sold for £112,000 in Dec 2021.
Read more about house prices in LU2.
High Town Road, Luton, LU2 has a total of 392 addresses. According to our analysis of all the public data, Flat 2, 79, High Town Road, Luton is the 254th largest and the 294th most expensive property on the street.
When compared to the postcode district it is £192k less expensive than the average property in LU2.
Flat 2, 79, High Town Road, Luton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Mar 2017.
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 2, 79, High Town Road, Luton is Luton station which is 200 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 2, 79, High Town Road, Luton, 32.6% of property is privately rented and 29.4% 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 Flat 2, 79, High Town Road, Luton, 31.0% of residents are recorded as possessing school level qualifications and 21.5% 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 2, 79, High Town Road, 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 2, 79, High Town Road, Luton, 0.0% 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 2, 79, High Town 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.