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According to the public record, 39, Sorrel Close, Luton is a mid-century leasehold apartment with 258 ft2 of internal area.
Apartments of this size in this area are normally studios.
Based on available information, and assuming reasonable condition, the estimated sale value for 39, Sorrel Close, Luton is £112,120 and the estimated rental value is £650 per month.
Sorrel Close, Luton, LU3 is located within the LU3 postal district.
39, Sorrel Close, Luton has 21 entries in the Land Registry , most recently in June 2007 and a single entry in the EPC database dated May 2022.
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.
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 39, Sorrel Close, Luton is in very good condition we estimate a sale value of £117,726 and a rental value of £683 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £104,272 and a rental value of £605 per month.
Over the last 12 months the sale value of 39 Sorrel Close Luton has increased by an estimated £2,999 (2.7%) and its rental value has increased by an estimated £23 per month (3.6%), giving an expected gross yield of 7%.
39, Sorrel Close, Luton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 May 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, 39, Sorrel Close, Luton was last sold on 15th June 2007 for £73,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since June 2007, the market for similar properties has risen 27.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 39, Sorrel Close, Luton within a radius of 570 metres over the last 2 years.
The most recent example is 55, Celandine Drive, Luton, LU3 4AG, a leasehold flat which sold for £75,000 on the 5th June 2024.
Read more about house prices in LU3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sorrel Close, Luton, LU3 has a total of 43 addresses. According to our analysis of all the public data, 39, Sorrel Close, Luton is the 41st largest and the 40th most expensive property on the street.
When compared to the postcode district it is £206k less expensive than the average property in LU3.
The closest station to 39, Sorrel Close, Luton is Leagrave station which is 2.1 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 39, Sorrel Close, Luton, 45.2% of property is privately owned outright and 28.3% 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 39, Sorrel Close, Luton, 13.5% of residents are recorded as possessing school level qualifications and 29.2% 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 39, Sorrel 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 39, Sorrel Close, Luton, 0.7% 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 39, Sorrel Close, Luton, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
