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231 Marsh Road is a residential building situated on Marsh Road, Luton, LU3 with 3 addresses.
It ranks as the 199th largest and 35th most expensive of the 355 buildings in the LU3 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 3 properties: 3 flats.
231 Marsh Road is a residential building situated on Marsh Road, Luton, LU3 with 3 addresses.
It ranks as the 199th largest and 35th most expensive of the 355 buildings in the LU3 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 3 properties: 3 flats.
Sale prices range from £109,961 for 1 bedroom leasehold flats (312 ft2) to £379,072 for 4 bedroom freehold houses with a garden (1,356 ft2) .
Monthly rental prices range from £710 pcm for 1 bed flats to £1,939 pcm for 4 bed houses.
The gross rental yield is between 6.1% and 7.8%.
The average value per square foot is £336.
The last sale in 231 Marsh Road sold for £249,995 on 27th February 2004. Since then prices are down an average of 0.0%.
The current average value in the building is £201,511.
The 231 Marsh Road Sales Market has increased by 28.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.6% | £201,511 |
| April 2025 | 1.3% | £198,341 |
| April 2024 | -1.6% | £195,739 |
| April 2023 | 1.6% | £198,876 |
| April 2022 | 10.4% | £195,745 |
| April 2021 | 6.3% | £177,320 |
| April 2020 | -1.3% | £166,807 |
| April 2019 | -2.4% | £168,965 |
| April 2018 | 1% | £173,182 |
| April 2017 | 9.1% | £171,406 |
| April 2016 | 18.5% | £157,139 |
| April 2015 | 12.8% | £132,624 |
| April 2014 | 7.6% | £117,585 |
| April 2013 | 3.4% | £109,229 |
| April 2012 | -0.5% | £105,640 |
| April 2011 | -1.2% | £106,210 |
| April 2010 | 6.5% | £107,469 |
| April 2009 | -16.3% | £100,926 |
| April 2008 | 0.8% | £120,572 |
| April 2007 | 0% | £119,616 |
The current average rental value in the building is £1,132.
The 231 Marsh Road Rental Market has increased by 48.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.6% | £1,132pcm |
| April 2025 | 1.7% | £1,103pcm |
| April 2024 | 13.2% | £1,085pcm |
| April 2023 | 10.7% | £959pcm |
| April 2022 | 5.6% | £866pcm |
| April 2021 | 5.6% | £820pcm |
| April 2020 | 0% | £776pcm |
| April 2019 | -1.7% | £776pcm |
| April 2018 | -1.5% | £790pcm |
| April 2017 | 5.1% | £802pcm |
| April 2016 | 9.2% | £763pcm |
| April 2015 | 7.7% | £699pcm |
| April 2014 | 3.2% | £649pcm |
| April 2013 | 2.8% | £629pcm |
| April 2012 | 2.6% | £612pcm |
| April 2011 | 2.6% | £596pcm |
| April 2010 | 3% | £581pcm |
| April 2009 | -6.7% | £564pcm |
| April 2008 | 2.7% | £604pcm |
| April 2007 | 0% | £589pcm |
The last sale was on 27th February 2004 for £249,995 and since then the market in the area has remained stable. The building has had a total of 2 sales since 1995.
231, Marsh Road, Luton, LU3 2RT has seen no sales in the last three years and no sales in the last twelve months.
The closest station to 231, Marsh Road, Luton, LU3 2RT is Leagrave station which is 200 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around 231, Marsh Road, Luton, LU3 2RT, 46.2% of property is privately rented and 22.1% is privately owned with a mortgage.
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 231, Marsh Road, Luton, LU3 2RT, 22.1% of residents are recorded as possessing school level qualifications and 33.2% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 231, Marsh Road, Luton, LU3 2RT, 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 231, Marsh Road, Luton, LU3 2RT, 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 231, Marsh Road, Luton, LU3 2RT, there are an average of 1.0 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.