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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
According to the public record, 2, Derwent Road, Luton is a early-century house with 667 ft2 of internal area and sits on a 183 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Derwent Road, Luton is £264,870 and the estimated rental value is £1,691 per month.
Derwent Road, Luton, LU2 is located within the LU2 postal district.
2, Derwent Road, Luton has no records in the the Land Registry and a single entry in the EPC database dated February 2024.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 2, Derwent Road, Luton is in very good condition we estimate a sale value of £278,114 and a rental value of £1,775 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £246,329 and a rental value of £1,572 per month.
Over the last 12 months the sale value of 2 Derwent Road Luton has increased by an estimated £3,266 (1.2%) and its rental value has increased by an estimated £34 per month (2.0%), giving an expected gross yield of 7.7%.
According to data from HM Land Registry, 2, Derwent Road, Luton sits on a plot of 183m2.
We have plot size data on 30 out of 64 other houses in the postcode and 2, Derwent Road, Luton sits on the 17th largest plot.
2, Derwent Road, Luton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Feb 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Derwent Road, Luton within a radius of 480 metres over the last 2 years.
The most recent example is 22, Derwent Road, Luton, LU2 0JT, a freehold house which sold for £270,000 on the 8th January 2024.
Read more about house prices in LU2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Derwent Road, Luton, LU2 has a total of 64 addresses. According to our analysis of all the public data, 2, Derwent Road, Luton is the 37th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £61k less expensive than the average property in LU2.
The closest station to 2, Derwent Road, Luton is Luton station which is 900 metres away.
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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Derwent Road, Luton, 46.9% of property is socially rented and 21.1% is privately rented.
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 2, Derwent Road, Luton, 28.1% of residents are recorded as possessing school level qualifications and 28.9% 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 2, Derwent Road, Luton, the average age was 35.7 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 2, Derwent Road, Luton, 0.5% 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 2, Derwent Road, Luton, 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.
