40, Elizabeth Street
40, Elizabeth Street
Description & Estimates
Public records show 40, Elizabeth Street, Luton to be a mid-century leasehold apartment with 850 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
40, Elizabeth Street, Luton has an estimated sale value of £165,176 and an estimated rental value of £1,164 per month, assuming reasonable condition and based on the information available.
Elizabeth Street, Luton, LU1 lies within the LU1 postal district.
Our Data Sources
40, Elizabeth Street, Luton has 21 entries in the Land Registry , most recently in September 2017 and a single entry in the EPC database dated March 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 40, Elizabeth Street, Luton would be worth £173,434, with a potential rental value of £1,222 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £153,613, with a rental value of £1,082 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 40, Elizabeth Street, Luton has dropped by £797 (0.5%) over the last year. During the same period, its estimated monthly rental value has risen by £13 (1.1%). The property's estimated gross yield is currently 8.5%.
Energy Efficiency
40, Elizabeth Street, Luton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 17 Mar 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
40, Elizabeth Street, Luton last changed hands on 6th September 2017, selling for £156,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 22.7% since September 2017.
- Sold Sep 2017£156,000
- Sold Sep 2005£108,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 280 metres of 40, Elizabeth Street, Luton across the last 2 years.
Most recently, 71, Dumfries Street, Luton, LU1 5BU, a leasehold flat, sold at £155,000 on the 23rd August 2021.
Read more about house prices in LU1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 40, Elizabeth Street, Luton as the 5th largest and the 9th most expensive of the 68 addresses on Elizabeth Street, Luton, LU1.
Against the LU1 postcode district average, it is £106k less expensive than the typical property.
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Schools Nearby
- 500mHillborough Junior School
- 500mHillborough Infant and Nursery School
- 500mTennyson Road Primary School
- 1.3kmChiltern Academy
- 1.3kmThe Stockwood Park Academy
- 1.8kmDenbigh High School
More reading links
Public Transport Nearby
Luton station is the nearest stop to 40, Elizabeth Street, Luton at 800 metres away.
- 800mLuton
- 1.6kmLuton Airport Parkway
- 4.3kmLeagrave
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
