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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
According to the public record, 40, Bury Park Road, Luton is a period leasehold apartment with 226 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 40, Bury Park Road, Luton is £179,530 and the estimated rental value is £1,040 per month.
The apartment is within 40, Bury Park Road, Luton, LU1.
Bury Park Road, Luton, LU1 is located within the LU1 postal district.
40, Bury Park Road, Luton has 31 entries in the Land Registry , most recently in June 2008 and a single entry in the EPC database dated June 2018.
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 40, Bury Park Road, Luton is in very good condition we estimate a sale value of £188,507 and a rental value of £1,092 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £166,963 and a rental value of £968 per month.
Over the last 12 months the sale value of 40 Bury Park Road Luton has increased by an estimated £1,627 (0.9%) and its rental value has increased by an estimated £28 per month (2.7%), giving an expected gross yield of 7%.
40, Bury Park Road, Luton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Jun 2018.
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, 40, Bury Park Road, Luton was last sold on 30th June 2008 for £235,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since June 2008, the market for similar properties has risen 41.6%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 370 metres radius of 40, Bury Park Road, Luton over the last 2 years.
The most recent example is 45, Bury Park Road, Luton, LU1 1HD, a freehold house which sold for £185,000 on the 19th December 2017.
Read more about house prices in LU1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bury Park Road, Luton, LU1 has a total of 130 addresses. According to our analysis of all the public data, 40, Bury Park Road, Luton is the 116th largest and the 83rd most expensive property on the street.
When compared to the postcode district it is £92k less expensive than the average property in LU1.
The closest station to 40, Bury Park Road, Luton is Luton station which is 1.0 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 40, Bury Park Road, Luton, 54.2% of property is privately rented and 19.1% 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, Bury Park Road, Luton, 33.5% of residents are recorded as possessing school level qualifications and 20.1% 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, Bury Park Road, 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, Bury Park Road, Luton, 0.2% 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, Bury Park Road, Luton, there are an average of 0.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
