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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, 41, Grasmere Road, Luton is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 814 ft2 of internal area and sits on a 305 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 41, Grasmere Road, Luton is £385,027 and the estimated rental value is £1,642 per month.
Grasmere Road, Luton, LU3 is located within the LU3 postal district.
41, Grasmere Road, Luton has 41 entries in the Land Registry , most recently in November 2018 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 5 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 41, Grasmere Road, Luton is in very good condition we estimate a sale value of £404,278 and a rental value of £1,724 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £358,075 and a rental value of £1,527 per month.
Over the last 12 months the sale value of 41 Grasmere Road Luton has increased by an estimated £5,956 (1.5%) and its rental value has increased by an estimated £42 per month (2.5%), giving an expected gross yield of 5.1%.
According to data from HM Land Registry, 41, Grasmere Road, Luton sits on a plot of 305m2.
We have plot size data on 36 out of 36 other houses in the postcode and 41, Grasmere Road, Luton sits on the 27th largest plot.
According to HM Land Registry, 41, Grasmere Road, Luton was last sold on 16th November 2018 for £280,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since November 2018, the market for similar properties has risen 11.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41, Grasmere Road, Luton within a radius of 580 metres over the last 2 years.
The most recent example is 3, Grasmere Avenue, Luton, LU3 2DU, a freehold house which sold for £220,000 on the 18th December 2024.
Read more about house prices in LU3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grasmere Road, Luton, LU3 has a total of 36 addresses. According to our analysis of all the public data, 41, Grasmere Road, Luton is the 23rd largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £67k more expensive than the average property in LU3.
The closest station to 41, Grasmere Road, Luton is Leagrave station which is 2.4 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 41, Grasmere Road, Luton, 54.3% of property is privately owned outright and 30.0% 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 41, Grasmere Road, Luton, 18.4% of residents are recorded as possessing school level qualifications and 23.5% 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 41, Grasmere Road, Luton, the average age was 42.6 and the most common age was 57.
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 41, Grasmere 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 41, Grasmere Road, 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.
