According to the public record, Flat 8, 292-294, Dunstable Road, Luton is a period leasehold apartment and with 398 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 8, 292-294, Dunstable Road, Luton has 31 entries in the Land Registry database, most recently in August 2010 and a single entry in the EPC database dated January 2020.
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 8 292-294 Dunstable Road Luton as £95,804 and the rental value as £633 per month giving an expected gross yield of 7.9%.
Over the last 12 months the sale value of Flat 8 292-294 Dunstable Road Luton has increased by £372 (0.4%) and its rental value has increased by £42 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 8, 292-294, Dunstable Road, Luton is in very good condition we estimate a sale value of £100,595 and rental value of £665 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £89,098 and a rental value of £589 per month.
If you were able to purchase this property for the estimated value of £95,804, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £471 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 8, 292-294, Dunstable Road, Luton was last sold on 24 Aug 2010 for £61,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Aug 2010, the market for similar properties has risen 71.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 8, 292-294, Dunstable Road, Luton within a radius of 0m over the last 2 years.
The most recent example is Flat 10, 292-294, Dunstable Road, Luton, LU4 8JW, a Leasehold flat which sold for £60,000 in Dec 2021.
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 8, 292-294, Dunstable Road, Luton is the 760th largest and the 801st most expensive property on the street.
When compared to the postcode district it is £192k less expensive than the average property in LU4.
Flat 8, 292-294, Dunstable Road, Luton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Jan 2020.
The property is not connected to mains gas and has single glazed windows. It is heated using electric storage heaters.
The closest station to Flat 8, 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 8, 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 8, 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 8, 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 8, 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 8, 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.