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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 12, Old Orchard, Luton is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 976 ft2 of internal area and sits on a 282 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 12, Old Orchard, Luton is £413,111 and the estimated rental value is £1,616 per month.
Old Orchard, Luton, LU1 is located within the LU1 postal district.
12, Old Orchard, Luton has 21 entries in the Land Registry , most recently in March 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 12, Old Orchard, Luton is in very good condition we estimate a sale value of £433,767 and a rental value of £1,696 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £384,193 and a rental value of £1,502 per month.
Over the last 12 months the sale value of 12 Old Orchard Luton has increased by an estimated £7,355 (1.8%) and its rental value has increased by an estimated £38 per month (2.3%), giving an expected gross yield of 4.7%.
According to data from HM Land Registry, 12, Old Orchard, Luton sits on a plot of 282m2.
We have plot size data on 12 out of 12 other houses in the postcode and 12, Old Orchard, Luton sits on the 2nd largest plot.
According to HM Land Registry, 12, Old Orchard, Luton was last sold on 23rd March 2007 for £230,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since March 2007, the market for similar properties has risen 80.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Old Orchard, Luton within a radius of 440 metres over the last 2 years.
The most recent example is 3, Parkland Drive, Luton, LU1 3SU, a freehold house which sold for £425,000 on the 9th December 2022.
Read more about house prices in LU1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Old Orchard, Luton, LU1 has a total of 12 addresses. According to our analysis of all the public data, 12, Old Orchard, Luton is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £140k more expensive than the average property in LU1.
The closest station to 12, Old Orchard, Luton is Luton station which is 1.3 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 12, Old Orchard, Luton, 47.5% of property is privately owned outright and 40.8% 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 12, Old Orchard, Luton, 19.5% of residents are recorded as possessing school level qualifications and 50.0% 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 12, Old Orchard, Luton, the average age was 33.3 and the most common age was 32.
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 12, Old Orchard, Luton, 0.3% 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 12, Old Orchard, Luton, there are an average of 1.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
