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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, 3, Spayne Close, Luton is a modern freehold house with 1,216 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Spayne Close, Luton is £369,667 and the estimated rental value is £1,811 per month.
Spayne Close, Luton, LU3 is located within the LU3 postal district.
3, Spayne Close, Luton has 41 entries in the Land Registry , most recently in October 2022 and a single entry in the EPC database dated March 2016.
We combine this information with that of neighbouring properties to estimate the property 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 3, Spayne Close, Luton is in very good condition we estimate a sale value of £388,150 and a rental value of £1,902 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £343,790 and a rental value of £1,685 per month.
Over the last 12 months the sale value of 3 Spayne Close Luton has increased by an estimated £3,622 (1.0%) and its rental value has increased by an estimated £36 per month (2.0%), giving an expected gross yield of 5.9%.
3, Spayne Close, Luton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Mar 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 3, Spayne Close, Luton was last sold on 28th October 2022 for £440,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since October 2022, the market for similar properties has dropped 13.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Spayne Close, Luton within a radius of 570 metres over the last 2 years.
The most recent example is 69, Whitwell Close, Luton, LU3 4BT, a freehold house which sold for £380,000 on the 3rd March 2023.
Read more about house prices in LU3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spayne Close, Luton, LU3 has a total of 53 addresses. According to our analysis of all the public data, 3, Spayne Close, Luton is the largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £52k more expensive than the average property in LU3.
The closest station to 3, Spayne Close, Luton is Leagrave station which is 2.3 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 3, Spayne Close, Luton, 35.8% of property is privately owned with a mortgage and 32.5% 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, Spayne Close, Luton, 20.8% of residents are recorded as possessing school level qualifications and 42.1% 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 3, Spayne 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 3, Spayne Close, Luton, 0.4% 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, Spayne Close, Luton, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
