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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, Launton Close, Luton is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,402 ft2 of internal area and sits on a 379 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Launton Close, Luton is £518,776 and the estimated rental value is £2,120 per month.
Launton Close, Luton, LU3 is located within the LU3 postal district.
2, Launton Close, Luton has a single entry in the Land Registry from October 2009 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 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 2, Launton Close, Luton is in very good condition we estimate a sale value of £544,715 and a rental value of £2,226 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £482,462 and a rental value of £1,971 per month.
Over the last 12 months the sale value of 2 Launton Close Luton has increased by an estimated £5,084 (1.0%) and its rental value has increased by an estimated £42 per month (2.0%), giving an expected gross yield of 4.9%.
According to data from HM Land Registry, 2, Launton Close, Luton sits on a plot of 379m2.
We have plot size data on 38 out of 40 other houses in the postcode and 2, Launton Close, Luton sits on the 6th largest plot.
According to HM Land Registry, 2, Launton Close, Luton was last sold on 30th October 2009 for £285,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2009, the market for similar properties has risen 67.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Launton Close, Luton within a radius of 660 metres over the last 2 years.
The most recent example is 9, Elvington Gardens, Luton, LU3 4ET, a freehold house which sold for £480,000 on the 1st May 2024.
Read more about house prices in LU3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Launton Close, Luton, LU3 has a total of 40 addresses. According to our analysis of all the public data, 2, Launton Close, Luton is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £201k more expensive than the average property in LU3.
The closest station to 2, Launton Close, Luton is Leagrave station which is 2.7 kilometres 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Launton Close, Luton, 58.4% of property is privately owned outright and 32.1% 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 2, Launton Close, Luton, 15.9% of residents are recorded as possessing school level qualifications and 35.3% 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, Launton Close, Luton, the average age was 43.4 and the most common age was 52.
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, Launton Close, Luton, 1.2% 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, Launton Close, Luton, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
