3, The Shires
3, The Shires
Description & Estimates
3, The Shires, Luton is described in the public record as a mid-century apartment with 678 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 3, The Shires, Luton is £182,966 and its rental estimate is £973 per month, given the available information and assuming reasonable condition.
The Shires, Luton, LU2 falls within the LU2 postal district.
Our Data Sources
3, The Shires, Luton has no recent1 records in the the Land Registry and a single entry in the EPC database dated March 2019.
We combine this information with public data 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.
Price Range & Condition
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, The Shires, Luton, we estimate a market value of £192,114 and a rental value of £1,021 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £170,158 and £905 per month respectively.
Recent Market Change
Over the last year, 3, The Shires, Luton has seen its estimated sale value fall by £1,994 (1.1%) and its estimated rental value move up by £9 per month (0.9%). This results in an estimated gross rental yield of 6.4%.
Energy Efficiency
3, The Shires, Luton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Mar 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of 3, The Shires, Luton completed on 5th July 2006 at £120,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
- Sold Jul 2006£120,000
- Sold Apr 2002£68,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3, The Shires, Luton have sold within a radius of 340 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th November 2025, was 53, The Larches, Luton, LU2 7PX, a leasehold flat which sold for £189,000.
Read more about house prices in LU2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 77 addresses on The Shires, Luton, LU2, 3, The Shires, Luton comes out as the 47th largest and the 24th most expensive in our analysis of the public data.
It is also £142k less expensive than the average property across the LU2 district.
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Schools Nearby
- 600mSt Matthew's Primary School
- 800mDallow Primary School
- 900mBeech Hill Community Primary School
- 700mDenbigh High School
- 1.9kmChiltern Academy
- 2.0kmStopsley High School
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Public Transport Nearby
From 3, The Shires, Luton, the nearest station is Luton, 600 metres away.
- 600mLuton
- 2.2kmLuton Airport Parkway
- 3.4kmLeagrave
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
