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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
387, Luton Road, Harpenden is recorded publicly as a mid-century leasehold apartment across 527 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 387, Luton Road, Harpenden is £221,332 and its rental estimate is £1,032 per month, given the available information and assuming reasonable condition.
Luton Road, Harpenden, AL5 falls within the AL5 postal district, in the borough of St. Albans.
387, Luton Road, Harpenden has 41 entries in the Land Registry , most recently in July 2019 and a single entry in the EPC database dated January 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
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 387, Luton Road, Harpenden, we estimate a market value of £232,399 and a rental value of £1,084 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £205,839 and £960 per month respectively.
Over the last year, 387, Luton Road, Harpenden has seen its estimated sale value increase by £534 (0.2%) and its estimated rental value grow by £32 per month (3.1%). This results in an estimated gross rental yield of 5.6%.
387, Luton Road, Harpenden has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Jan 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric underfloor heating.
The most recent sale of 387, Luton Road, Harpenden completed on 25th July 2019 at £200,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 4 times.
Values of comparable properties have dropped by 9.8% over the period since July 2019.
Over the past 2 years 3 properties have sold within 1.5 kilometres of 387, Luton Road, Harpenden, per the Land Registry and our network of Estate Agents.
The latest, on the 26th August 2022, was 2, Green Lawns Close, Harpenden, AL5 3QD, a freehold house which sold for £915,000.
Read more about house prices in AL5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 236 addresses on Luton Road, Harpenden, AL5, 387, Luton Road, Harpenden comes out as the 220th largest and the 236th most expensive in our analysis of the public data.
It is also £739k less expensive than the average property across the AL5 district.
From 387, Luton Road, Harpenden, the nearest station is Harpenden, 2.8 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 387, Luton Road, Harpenden, 50.7% of property is privately owned outright and 39.9% is privately owned with a mortgage.
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 387, Luton Road, Harpenden, 18.4% of residents are recorded as possessing school level qualifications and 64.0% 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 387, Luton Road, Harpenden, the average age was 39.2 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 387, Luton Road, Harpenden, 3.1% 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 387, Luton Road, Harpenden, 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.
