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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, 16, Gregories Close, Luton is a mid-century leasehold apartment with 473 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 16, Gregories Close, Luton is £130,722 and the estimated rental value is £844 per month.
Gregories Close, Luton, LU3 is located within the LU3 postal district.
16, Gregories Close, Luton has a single entry in the Land Registry from August 2019 and a single entry in the EPC database dated August 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 16, Gregories Close, Luton is in very good condition we estimate a sale value of £137,258 and a rental value of £886 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £121,571 and a rental value of £785 per month.
Over the last 12 months the sale value of 16 Gregories Close Luton has increased by an estimated £3,148 (2.4%) and its rental value has increased by an estimated £28 per month (3.3%), giving an expected gross yield of 7.7%.
16, Gregories Close, Luton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Aug 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 16, Gregories Close, Luton was last sold on 29th August 2019 for £128,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2019, the market for similar properties has risen 17.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Gregories Close, Luton within a radius of 370 metres over the last 2 years.
The most recent example is 24, Gregories Close, Luton, LU3 1DL, a leasehold flat which sold for £127,000 on the 9th September 2022.
Read more about house prices in LU3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gregories Close, Luton, LU3 has a total of 24 addresses. According to our analysis of all the public data, 16, Gregories Close, Luton is the 16th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £187k less expensive than the average property in LU3.
The closest station to 16, Gregories Close, Luton is Luton station which is 700 metres 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 16, Gregories Close, Luton, % 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 16, Gregories Close, Luton, 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 16, Gregories Close, Luton, 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 16, Gregories Close, Luton, 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.
