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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, 2, Kite Way, Luton is a modern leasehold apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Kite Way, Luton is £92,570 and the estimated rental value is £555 per month.
Kite Way, Luton, LU2 is located within the LU2 postal district.
2, Kite Way, Luton has a single entry in the Land Registry from June 2022 and a single entry in the EPC database dated April 2019.
We combine this information with that 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.
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, Kite Way, Luton is in very good condition we estimate a sale value of £97,198 and a rental value of £583 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £86,090 and a rental value of £516 per month.
Over the last 12 months the sale value of 2 Kite Way Luton has increased by an estimated £443 (0.5%) and its rental value has increased by an estimated £7 per month (1.3%), giving an expected gross yield of 7.2%.
2, Kite Way, Luton has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Apr 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Kite Way, Luton was last sold on 15th June 2022 for £95,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since June 2022, the market for similar properties has risen 3.6%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 400 metres radius of 2, Kite Way, Luton over the last 2 years.
The most recent example is 24, Charles Street, Luton, LU2 0EB, a leasehold house which sold for £153,000 on the 4th January 2019.
Read more about house prices in LU2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Kite Way, Luton, LU2 has a total of 30 addresses. According to our analysis of all the public data, 2, Kite Way, Luton is the 29th largest and the 29th most expensive property on the street.
When compared to the postcode district it is £234k less expensive than the average property in LU2.
The closest station to 2, Kite Way, Luton is Luton station which is 600 metres away.
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 2, Kite Way, 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 2, Kite Way, 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 2, Kite Way, 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 2, Kite Way, 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.
