1, Wood Street
1, Wood Street
Description & Estimates
1, Wood Street, Luton is described in the public record as a mid-century apartment with 645 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 1, Wood Street, Luton is £157,508 and its rental estimate is £1,068 per month, given the available information and assuming reasonable condition.
Wood Street, Luton, LU1 falls within the LU1 postal district.
Our Data Sources
1, Wood Street, Luton has no records in the the Land Registry and a single entry in the EPC database dated September 2018.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Wood Street, Luton, we estimate a market value of £165,384 and a rental value of £1,121 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £146,483 and £993 per month respectively.
Recent Market Change
Over the last year, 1, Wood Street, Luton has seen its estimated sale value decrease by £760 (0.5%) and its estimated rental value grow by £12 per month (1.1%). This results in an estimated gross rental yield of 8.1%.
Energy Efficiency
1, Wood Street, Luton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Sep 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, Wood Street, Luton have sold within a radius of 360 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th December 2023, was 31 Green Dragon Court, Strathmore Avenue, Luton, LU1 3NU, a leasehold flat which sold for £185,000.
Read more about house prices in LU1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 3 addresses on Wood Street, Luton, LU1, 1, Wood Street, Luton comes out as the 3rd largest and the 3rd most expensive in our analysis of the public data.
It is also £114k less expensive than the average property across the LU1 district.
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Schools Nearby
- 400mThe Linden Academy
- 700mCutenhoe Hill Primary School ( Formerly Surrey Street)
- 700mTennyson Road Primary School
- 500mChiltern Academy
- 2.0kmThe Stockwood Park Academy
- 2.3kmDenbigh High School
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Public Transport Nearby
From 1, Wood Street, Luton, the nearest station is Luton Airport Parkway, 800 metres away.
- 800mLuton Airport Parkway
- 1.0kmLuton
- 4.9kmLeagrave
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
