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According to the public record, 348, Old Bedford Road, Luton is a mid-century freehold house with 1,819 ft2 of internal area and sits on a 948 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 348, Old Bedford Road, Luton is £824,510 and the estimated rental value is £2,753 per month.
Old Bedford Road, Luton, LU2 is located within the LU2 postal district.
348, Old Bedford Road, Luton has 31 entries in the Land Registry , most recently in May 2022 and a single entry in the EPC database dated October 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 348, Old Bedford Road, Luton is in very good condition we estimate a sale value of £865,736 and a rental value of £2,891 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £766,794 and a rental value of £2,561 per month.
Over the last 12 months the sale value of 348 Old Bedford Road Luton has decreased by an estimated £1,243 (0.2%) and its rental value has increased by an estimated £17 per month (0.6%), giving an expected gross yield of 4%.
According to data from HM Land Registry, 348, Old Bedford Road, Luton sits on a plot of 948m2.
We have plot size data on 24 out of 24 other houses in the postcode and 348, Old Bedford Road, Luton sits on the 5th largest plot.
348, Old Bedford Road, Luton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Oct 2020.
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, 348, Old Bedford Road, Luton was last sold on 18th May 2022 for £840,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since May 2022, the market for similar properties has dropped 29.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 348, Old Bedford Road, Luton within a radius of 670 metres over the last 2 years.
The most recent example is 398, Old Bedford Road, Luton, LU2 7BS, a freehold house which sold for £725,000 on the 28th August 2019.
Read more about house prices in LU2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Old Bedford Road, Luton, LU2 has a total of 686 addresses. According to our analysis of all the public data, 348, Old Bedford Road, Luton is the 138th largest and the 113th most expensive property on the street.
When compared to the postcode district it is £498k more expensive than the average property in LU2.
The closest station to 348, Old Bedford Road, Luton is Luton 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 348, Old Bedford Road, Luton, 53.3% of property is privately owned with a mortgage and 36.7% 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 348, Old Bedford Road, Luton, 27.0% of residents are recorded as possessing school level qualifications and 49.9% 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 348, Old Bedford Road, Luton, the average age was 37.9 and the most common age was 12.
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 348, Old Bedford Road, Luton, 1.2% 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 348, Old Bedford Road, Luton, there are an average of 1.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
