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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
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According to the public record, 4, Mortimer Close, Luton is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,042 ft2 of internal area and sits on a 563 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 4, Mortimer Close, Luton is £327,054 and the estimated rental value is £1,641 per month.
Mortimer Close, Luton, LU1 is located within the LU1 postal district.
4, Mortimer Close, Luton has 21 entries in the Land Registry , most recently in October 2009 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 3 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, Mortimer Close, Luton is in very good condition we estimate a sale value of £343,406 and a rental value of £1,723 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £304,160 and a rental value of £1,526 per month.
Over the last 12 months the sale value of 4 Mortimer Close Luton has increased by an estimated £5,822 (1.8%) and its rental value has increased by an estimated £38 per month (2.3%), giving an expected gross yield of 6%.
According to data from HM Land Registry, 4, Mortimer Close, Luton sits on a plot of 563m2.
We have plot size data on 6 out of 6 other houses in the postcode and 4, Mortimer Close, Luton sits on the 5th largest plot.
According to HM Land Registry, 4, Mortimer Close, Luton was last sold on 29th October 2009 for £160,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since October 2009, the market for similar properties has risen 97.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Mortimer Close, Luton within a radius of 790 metres over the last 2 years.
The most recent example is 1, High Wood Close, Luton, LU1 5RZ, a freehold house which sold for £322,000 on the 12th February 2024.
Read more about house prices in LU1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mortimer Close, Luton, LU1 has a total of 6 addresses. According to our analysis of all the public data, 4, Mortimer Close, Luton is the largest and the most expensive property on the street.
When compared to the postcode district it is £54k more expensive than the average property in LU1.
The closest station to 4, Mortimer Close, Luton is Luton 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 4, Mortimer Close, Luton, 40.2% of property is privately owned with a mortgage and 23.0% is socially 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 4, Mortimer Close, Luton, 32.3% of residents are recorded as possessing school level qualifications and 24.6% 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, Mortimer Close, Luton, the average age was 34.4 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 4, Mortimer Close, 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 4, Mortimer Close, Luton, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
