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According to the public record, 31, Springfield Road, Luton is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 515 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 31, Springfield Road, Luton is £163,873 and the estimated rental value is £974 per month.
Springfield Road, Luton, LU3 is located within the LU3 postal district.
31, Springfield Road, Luton has a single entry in the Land Registry from November 2016 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 31, Springfield Road, Luton is in very good condition we estimate a sale value of £172,067 and a rental value of £1,022 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £152,402 and a rental value of £906 per month.
Over the last 12 months the sale value of 31 Springfield Road Luton has increased by an estimated £1,405 (0.9%) and its rental value has increased by an estimated £17 per month (1.7%), giving an expected gross yield of 7.1%.
According to HM Land Registry, 31, Springfield Road, Luton was last sold on 18th November 2016 for £130,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since November 2016, the market for similar properties has risen 20.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 31, Springfield Road, Luton within a radius of 600 metres over the last 2 years.
The most recent example is 84, Enderby Road, Luton, LU3 2HQ, a leasehold flat which sold for £190,000 on the 31st January 2025.
Read more about house prices in LU3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Springfield Road, Luton, LU3 has a total of 56 addresses. According to our analysis of all the public data, 31, Springfield Road, Luton is the 41st largest and the 49th most expensive property on the street.
When compared to the postcode district it is £154k less expensive than the average property in LU3.
The closest station to 31, Springfield Road, Luton is Leagrave station which is 2.3 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 31, Springfield Road, Luton, 36.1% of property is privately owned with a mortgage and 33.3% is privately rented.
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 31, Springfield Road, Luton, 19.8% of residents are recorded as possessing school level qualifications and 37.1% 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 31, Springfield Road, Luton, the average age was 42.6 and the most common age was 57.
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 31, Springfield 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 31, Springfield Road, Luton, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
