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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, 40, Morgan Close, Luton is a modern apartment with 548 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 40, Morgan Close, Luton is £174,345 and the estimated rental value is £1,009 per month.
Morgan Close, Luton, LU4 is located within the LU4 postal district.
40, Morgan Close, Luton has no recent1 records in the the Land Registry and a single entry in the EPC database dated January 2022.
We combine this information with public data 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, Morgan Close, Luton is in very good condition we estimate a sale value of £183,062 and a rental value of £1,059 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £162,141 and a rental value of £938 per month.
Over the last 12 months the sale value of 40 Morgan Close Luton has increased by an estimated £1,826 (1.0%) and its rental value has increased by an estimated £22 per month (2.2%), giving an expected gross yield of 6.9%.
40, Morgan Close, Luton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Jan 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, 40, Morgan Close, Luton was last sold on 30th November 2006 for £135,995 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Morgan Close, Luton within a radius of 480 metres over the last 2 years.
The most recent example is 38, Morgan Close, Luton, LU4 9GL, a leasehold flat which sold for £189,000 on the 31st July 2023.
Read more about house prices in LU4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Morgan Close, Luton, LU4 has a total of 143 addresses. According to our analysis of all the public data, 40, Morgan Close, Luton is the 135th largest and the 139th most expensive property on the street.
When compared to the postcode district it is £123k less expensive than the average property in LU4.
The closest station to 40, Morgan Close, Luton is Leagrave station which is 700 metres 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 40, Morgan Close, Luton, 55.0% of property is privately rented and 36.7% is privately owned with a mortgage.
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, Morgan Close, Luton, 31.3% of residents are recorded as possessing school level qualifications and 39.0% 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, Morgan Close, Luton, the average age was 32.7 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, Morgan 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 40, Morgan Close, Luton, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
