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2 Cardiff Road is a residential building situated on Cardiff Road, Luton, LU1 with 4 addresses.
It ranks as the 651st largest and 428th most expensive of the 1,237 buildings in the LU1 area. The dominant property type is a early-century flat built between 1912 and 1935.
The building contains a total of 4 properties: 4 flats.
2 Cardiff Road is a residential building situated on Cardiff Road, Luton, LU1 with 4 addresses.
It ranks as the 651st largest and 428th most expensive of the 1,237 buildings in the LU1 area. The dominant property type is a early-century flat built between 1912 and 1935.
The building contains a total of 4 properties: 4 flats.
Sale prices range from £126,420 for 2 bedroom leasehold flats (548 ft2) to £132,283 for 2 bedroom leasehold flats with a garden (538 ft2) .
Monthly rental prices range from £800 pcm for 2 bed flats to £837 pcm for 2 bed flats.
The gross rental yield is between 7.5% and 7.6%.
The average value per square foot is £231.
The last sale in 2 Cardiff Road sold for £135,000 on 16th April 2021. Since then prices are up an average of 10.7%.
The current average value in the building is £128,399.
The 2 Cardiff Road Sales Market has increased by 15.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.2% | £128,399 |
| April 2025 | 1.4% | £126,885 |
| April 2024 | -0.1% | £125,150 |
| April 2023 | 0.5% | £125,323 |
| April 2022 | 3.9% | £124,644 |
| April 2021 | 3.2% | £120,015 |
| April 2020 | 1.6% | £116,241 |
| April 2019 | -6.3% | £114,410 |
| April 2018 | 1.9% | £122,041 |
| April 2017 | 7.8% | £119,781 |
| April 2016 | 22.6% | £111,079 |
| April 2015 | 10.4% | £90,577 |
| April 2014 | 6.5% | £82,032 |
| April 2013 | 1.4% | £77,056 |
| April 2012 | -0.6% | £76,002 |
| April 2011 | 1.3% | £76,433 |
| April 2010 | 0.6% | £75,454 |
| April 2009 | -17.3% | £75,038 |
| April 2008 | -1.3% | £90,735 |
| April 2007 | 0% | £91,941 |
The current average rental value in the building is £811.
The 2 Cardiff Road Rental Market has increased by 34.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.6% | £811pcm |
| April 2025 | 1% | £798pcm |
| April 2024 | 10.3% | £790pcm |
| April 2023 | 13% | £716pcm |
| April 2022 | 6.2% | £634pcm |
| April 2021 | -0.1% | £597pcm |
| April 2020 | -1.3% | £598pcm |
| April 2019 | -0.2% | £605pcm |
| April 2018 | -3.6% | £606pcm |
| April 2017 | 4.3% | £629pcm |
| April 2016 | 8.2% | £603pcm |
| April 2015 | 8.6% | £558pcm |
| April 2014 | 2.2% | £513pcm |
| April 2013 | -0.1% | £502pcm |
| April 2012 | 0.7% | £503pcm |
| April 2011 | 1.9% | £499pcm |
| April 2010 | 0.1% | £490pcm |
| April 2009 | -7.3% | £490pcm |
| April 2008 | 1.4% | £528pcm |
| April 2007 | 0% | £521pcm |
The last sale was on 16th April 2021 for £135,000 and since then the market in the area has increased by 10.7%. The building has had a total of 4 sales since 1995.
2, Cardiff Road, Luton, LU1 1PP has seen no sales in the last three years and no sales in the last twelve months.
The closest station to 2, Cardiff Road, Luton, LU1 1PP is Luton station which is 700 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Cardiff Road, Luton, LU1 1PP, % of property is and % is .
The graph below shows how this compares to East of England 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 2, Cardiff Road, Luton, LU1 1PP, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 2, Cardiff Road, Luton, LU1 1PP, 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 2, Cardiff Road, Luton, LU1 1PP, there are an average of 0.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.