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Company No. 11113204
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Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 40, Avenue Grimaldi, Luton is a early-century freehold house with 1,001 ft2 of internal area and sits on a 314 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 40, Avenue Grimaldi, Luton is £346,164 and the estimated rental value is £1,693 per month.
Avenue Grimaldi, Luton, LU3 is located within the LU3 postal district.
40, Avenue Grimaldi, Luton has a single entry in the Land Registry from January 2020 and a single entry in the EPC database dated October 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 40, Avenue Grimaldi, Luton is in very good condition we estimate a sale value of £363,472 and a rental value of £1,778 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £321,932 and a rental value of £1,574 per month.
Over the last 12 months the sale value of 40 Avenue Grimaldi Luton has increased by an estimated £5,355 (1.5%) and its rental value has increased by an estimated £43 per month (2.5%), giving an expected gross yield of 5.9%.
According to data from HM Land Registry, 40, Avenue Grimaldi, Luton sits on a plot of 314m2.
We have plot size data on 48 out of 49 other houses in the postcode and 40, Avenue Grimaldi, Luton sits on the 19th largest plot.
40, Avenue Grimaldi, Luton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Oct 2019.
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, 40, Avenue Grimaldi, Luton was last sold on 10th January 2020 for £292,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since January 2020, the market for similar properties has risen 22.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Avenue Grimaldi, Luton within a radius of 540 metres over the last 2 years.
The most recent example is 21, Avenue Grimaldi, Luton, LU3 1TJ, a freehold house which sold for £360,000 on the 20th June 2023.
Read more about house prices in LU3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Avenue Grimaldi, Luton, LU3 has a total of 49 addresses. According to our analysis of all the public data, 40, Avenue Grimaldi, Luton is the 28th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £28k more expensive than the average property in LU3.
The closest station to 40, Avenue Grimaldi, Luton is Leagrave station which is 1.4 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 40, Avenue Grimaldi, Luton, 39.5% of property is privately owned with a mortgage and 33.9% 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 40, Avenue Grimaldi, Luton, 35.8% of residents are recorded as possessing school level qualifications and 30.0% 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 40, Avenue Grimaldi, Luton, the average age was 31.5 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 40, Avenue Grimaldi, 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 40, Avenue Grimaldi, Luton, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
