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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
3, Luton Place is recorded publicly as a period freehold house across 2,023 ft2 of internal area.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 3, Luton Place is £1,597,869 and its rental estimate is £6,777 per month, given the available information and assuming reasonable condition.
Luton Place, London, SE10 falls within the SE10 postal district, in the borough of Greenwich.
3, Luton Place has 31 entries in the Land Registry , most recently in January 2023 and a single entry in the EPC database dated July 2022.
We combine this information with that 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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 3, Luton Place, we estimate a market value of £1,677,762 and a rental value of £7,116 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £1,486,018 and £6,303 per month respectively.
Over the last year, 3, Luton Place has seen its estimated sale value decline by £40,876 (2.6%) and its estimated rental value climb by £289 per month (4.3%). This results in an estimated gross rental yield of 5.1%.
3, Luton Place has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Jul 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 3, Luton Place completed on 20th January 2023 at £1,725,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 29.0% over the period since January 2023.
Over the past 2 years 3 properties similar to 3, Luton Place have sold within a radius of 450 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th October 2023, was 18, Maidenstone Hill, London, SE10 8SX, a freehold house which sold for £1,550,000.
Read more about house prices in SE10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 17 addresses on Luton Place, London, SE10, 3, Luton Place comes out as the 3rd largest and the 4th most expensive in our analysis of the public data.
It is also £1.045m more expensive than the average property across the SE10 district.
From 3, Luton Place, the nearest station is Greenwich, 400 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 3, Luton Place, 42.2% of property is privately owned outright and 37.9% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 3, Luton Place, 17.8% of residents are recorded as possessing school level qualifications and 74.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 3, Luton Place, the average age was 37 and the most common age was 32.
The graph below shows how this compares to Greater London 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 3, Luton Place, 5.4% of property was a second home.
Comparison figures for Greater London 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 3, Luton Place, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
