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According to the public record, 281, Old Bedford Road, Luton is a modern leasehold house with 4,693 ft2 of internal area and sits on a 692 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 281, Old Bedford Road, Luton is £1,359,426 and the estimated rental value is £4,540 per month.
Old Bedford Road, Luton, LU2 is located within the LU2 postal district.
281, Old Bedford Road, Luton has a single entry in the Land Registry from May 2015 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 2 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 281, Old Bedford Road, Luton is in very good condition we estimate a sale value of £1,427,397 and a rental value of £4,767 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,264,266 and a rental value of £4,222 per month.
Over the last 12 months the sale value of 281 Old Bedford Road Luton has decreased by an estimated £2,050 (0.2%) and its rental value has increased by an estimated £28 per month (0.6%), giving an expected gross yield of 4%.
According to data from HM Land Registry, 281, Old Bedford Road, Luton sits on a plot of 692m2.
We have plot size data on 19 out of 19 other houses in the postcode and 281, Old Bedford Road, Luton sits on the 16th largest plot.
281, Old Bedford Road, Luton has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 Jan 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler.
According to HM Land Registry, 281, Old Bedford Road, Luton was last sold on 15th May 2015 for £320,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since May 2015, the market for similar properties has risen 17.5%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 580 metres radius of 281, Old Bedford Road, Luton over the last 2 years.
The most recent example is 279, Old Bedford Road, Luton, LU2 7BW, a freehold house which sold for £840,000 on the 4th May 2022.
Read more about house prices in LU2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Old Bedford Road, Luton, LU2 has a total of 686 addresses. According to our analysis of all the public data, 281, Old Bedford Road, Luton is the 5th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £1.033m more expensive than the average property in LU2.
The closest station to 281, Old Bedford Road, Luton is Leagrave station which is 2.8 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 281, Old Bedford Road, Luton, 55.6% of property is privately owned outright and 36.3% 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 281, Old Bedford Road, Luton, 21.9% of residents are recorded as possessing school level qualifications and 40.3% 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 281, Old Bedford Road, Luton, the average age was 37.9 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 281, Old Bedford Road, 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 281, Old Bedford Road, Luton, there are an average of 1.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
