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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, 22, Olympic Close, Luton is a mid-century leasehold apartment with 301 ft2 of internal area.
Apartments of this size in this area are normally studios.
Based on available information, and assuming reasonable condition, the estimated sale value for 22, Olympic Close, Luton is £85,730 and the estimated rental value is £574 per month.
Olympic Close, Luton, LU3 is located within the LU3 postal district.
22, Olympic Close, Luton has 31 entries in the Land Registry , most recently in January 2020 and a single entry in the EPC database dated January 2020.
We combine this information with that of neighbouring properties to estimate the property 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 22, Olympic Close, Luton is in very good condition we estimate a sale value of £90,016 and a rental value of £602 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £79,729 and a rental value of £534 per month.
Over the last 12 months the sale value of 22 Olympic Close Luton has increased by an estimated £2,293 (2.7%) and its rental value has increased by an estimated £21 per month (3.6%), giving an expected gross yield of 8%.
22, Olympic Close, Luton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Jan 2020.
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, 22, Olympic Close, Luton was last sold on 31st January 2020 for £82,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since January 2020, the market for similar properties has risen 35.7%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 22, Olympic Close, Luton within a radius of 770 metres over the last 2 years.
The most recent example is 44, Olympic Close, Luton, LU3 3UQ, a leasehold flat which sold for £89,000 on the 4th November 2022.
Read more about house prices in LU3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Olympic Close, Luton, LU3 has a total of 124 addresses. According to our analysis of all the public data, 22, Olympic Close, Luton is the 124th largest and the 124th most expensive property on the street.
When compared to the postcode district it is £232k less expensive than the average property in LU3.
The closest station to 22, Olympic Close, Luton is Leagrave station which is 2.1 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 22, Olympic Close, Luton, 49.4% of property is socially rented and 22.5% 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 22, Olympic Close, Luton, 27.7% of residents are recorded as possessing school level qualifications and 18.1% 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 22, Olympic Close, Luton, the average age was 34 and the most common age was 12.
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 22, Olympic 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 22, Olympic Close, Luton, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
