Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
According to the public record, 3 Somerset House, Luton is a mid-century apartment with 495 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 3 Somerset House, Luton is £158,670 and the estimated rental value is £966 per month.
The apartment is within Somerset House, Leafield, Luton, LU3.
Leafield, Luton, LU3 is located within the LU3 postal district.
3 Somerset House, Luton has no recent1 records in the the Land Registry and a single entry in the EPC database dated October 2024.
We combine this information with public data 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.
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 3 Somerset House, Luton is in very good condition we estimate a sale value of £166,604 and a rental value of £1,014 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £147,563 and a rental value of £899 per month.
Over the last 12 months the sale value of 3 Somerset House Luton has increased by an estimated £1,360 (0.9%) and its rental value has increased by an estimated £17 per month (1.7%), giving an expected gross yield of 7.3%.
3 Somerset House, Luton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Oct 2024.
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, 3 Somerset House, Luton was last sold on 29th April 2004 for £98,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3 Somerset House, Luton within a radius of 510 metres over the last 2 years.
The most recent example is 38, Quilter Close, Luton, LU3 2LL, a leasehold flat which sold for £137,000 on the 30th August 2024.
Read more about house prices in LU3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Leafield, Luton, LU3 has a total of 38 addresses. According to our analysis of all the public data, 3 Somerset House, Luton is the 35th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £159k less expensive than the average property in LU3.
The closest station to 3 Somerset House, Luton is Leagrave station which is 800 metres 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 3 Somerset House, Luton, 53.9% of property is privately rented and 23.6% is privately owned outright.
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 3 Somerset House, Luton, 25.1% of residents are recorded as possessing school level qualifications and 26.3% 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 3 Somerset House, Luton, the average age was 37 and the most common age was 7.
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 3 Somerset House, Luton, 0.3% 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 3 Somerset House, Luton, there are an average of 1.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
