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By comparing it to neighbours, we estimate that it is a mid-century apartment with 516 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 4, Green Gates, Luton is £139,625 and the estimated rental value is £943 per month.
Green Gates, Luton, LU3 is located within the LU3 postal district.
4, Green Gates, Luton has 21 entries in the Land Registry , most recently in September 2020 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 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 4, Green Gates, Luton is in very good condition we estimate a sale value of £146,606 and a rental value of £990 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £129,851 and a rental value of £877 per month.
Over the last 12 months the sale value of 4 Green Gates Luton has increased by an estimated £1,197 (0.9%) and its rental value has increased by an estimated £16 per month (1.7%), giving an expected gross yield of 8.1%.
According to HM Land Registry, 4, Green Gates, Luton was last sold on 21st September 2020 for £108,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since September 2020, the market for similar properties has dropped 12.6%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 700 metres radius of 4, Green Gates, Luton over the last 2 years.
The most recent example is 3, Green Gates, Luton, LU3 3AY, a leasehold flat which sold for £170,000 on the 30th June 2023.
Read more about house prices in LU3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Green Gates, Luton, LU3 has a total of 6 addresses. According to our analysis of all the public data, 4, Green Gates, Luton is the 3rd largest and the 6th most expensive property on the street.
When compared to the postcode district it is £178k less expensive than the average property in LU3.
The closest station to 4, Green Gates, Luton is Leagrave station which is 1.9 kilometres away.
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 4, Green Gates, Luton, 44.6% of property is privately owned with a mortgage and 36.9% 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 4, Green Gates, Luton, 19.5% of residents are recorded as possessing school level qualifications and 27.0% 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 4, Green Gates, Luton, the average age was 37.8 and the most common age was 7.
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 4, Green Gates, Luton, 0.8% 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 4, Green Gates, Luton, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.