Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
According to the public record, 1, The Meads, Luton is a early-century house with 1,323 ft2 of internal area and sits on a 274 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, The Meads, Luton is £398,536 and the estimated rental value is £1,940 per month.
The Meads, Luton, LU3 is located within the LU3 postal district.
1, The Meads, Luton has no recent1 records in the the Land Registry and a single entry in the EPC database dated August 2017.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
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 1, The Meads, Luton is in very good condition we estimate a sale value of £418,463 and a rental value of £2,037 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £370,638 and a rental value of £1,804 per month.
Over the last 12 months the sale value of 1 The Meads Luton has increased by an estimated £3,905 (1.0%) and its rental value has increased by an estimated £39 per month (2.0%), giving an expected gross yield of 5.8%.
According to data from HM Land Registry, 1, The Meads, Luton sits on a plot of 274m2.
We have plot size data on 16 out of 16 other houses in the postcode and 1, The Meads, Luton sits on the 10th largest plot.
1, The Meads, Luton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Aug 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 1, The Meads, Luton was last sold on 11th February 2000 for £83,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, The Meads, Luton within a radius of 540 metres over the last 2 years.
The most recent example is 43, Broad Mead, Luton, LU3 1RX, a freehold house which sold for £350,000 on the 18th January 2023.
Read more about house prices in LU3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Meads, Luton, LU3 has a total of 16 addresses. According to our analysis of all the public data, 1, The Meads, Luton is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £81k more expensive than the average property in LU3.
The closest station to 1, The Meads, Luton is Leagrave station which is 1.5 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, The Meads, Luton, 39.5% of property is privately owned with a mortgage and 33.9% is privately owned outright.
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 1, The Meads, Luton, 35.8% of residents are recorded as possessing school level qualifications and 30.0% 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 1, The Meads, 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 1, The Meads, Luton, 0.7% 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 1, The Meads, Luton, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
