According to the public record, Flat 5, Cardigan Place 20-22, Luton is a modern apartment with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Cardigan Place, Cardigan Street, Luton, LU1.
Cardigan Street, Luton, LU1 is located within the LU1 postal district.
Flat 5, Cardigan Place 20-22, Luton has no recent1 records in the Land Registry database and a single entry in the EPC database dated October 2020.
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 5 Cardigan Place 20-22 Luton as £142,147 and the rental value as £909 per month giving an expected gross yield of 7.7%.
Over the last 12 months the sale value of Flat 5 Cardigan Place 20-22 Luton has decreased by £843 (0.6%) and its rental value has increased by £54 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 5, Cardigan Place 20-22, Luton is in very good condition we estimate a sale value of £149,255 and rental value of £954 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £132,197 and a rental value of £845 per month.
If you were able to purchase this property for the estimated value of £142,147, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £699 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 5, Cardigan Place 20-22, Luton was last sold on 20 Jan 2003 for £74,995 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, Cardigan Place 20-22, Luton within a radius of 340 metres over the last 2 years.
The most recent example is 1 Crown Court, Inkerman Street, Luton, LU1 1JB, a Leasehold flat which sold for £150,000 in Jan 2024.
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 340 metres radius of Flat 5, Cardigan Place 20-22, Luton over the last 2 years.
Most recently 52, Cardigan Street, Luton, LU1 1RR, a Freehold house let by Andrea & Co in Sep 2023.
Cardigan Street, Luton, LU1 has a total of 146 addresses. According to our analysis of all the public data, Flat 5, Cardigan Place 20-22, Luton is the 44th largest and the 80th most expensive property on the street.
When compared to the postcode district it is £117k less expensive than the average property in LU1.
Flat 5, Cardigan Place 20-22, Luton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Oct 2020.
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 5, Cardigan Place 20-22, Luton is Luton station which is 500 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 5, Cardigan Place 20-22, Luton, 93.9% of property is privately rented and 3.1% 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 5, Cardigan Place 20-22, Luton, 21.7% of residents are recorded as possessing school level qualifications and 35.3% 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 5, Cardigan Place 20-22, 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 5, Cardigan Place 20-22, 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 5, Cardigan Place 20-22, Luton, there are an average of 0.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.