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Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 47, Princess Street, Luton is £96,787 and the estimated rental value is £700 per month.
The apartment is within 47, Princess Street, Luton, LU1.
Princess Street, Luton, LU1 is located within the LU1 postal district.
47, Princess Street, 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 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 47, Princess Street, Luton is in very good condition we estimate a sale value of £101,626 and a rental value of £735 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £90,012 and a rental value of £651 per month.
Over the last 12 months the sale value of 47 Princess Street Luton has increased by an estimated £559 (0.6%) and its rental value has increased by an estimated £17 per month (2.4%), giving an expected gross yield of 8.7%.
47, Princess Street, Luton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Jan 2022.
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, 47, Princess Street, Luton was last sold on 15th February 2002 for £64,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 47, Princess Street, Luton within a radius of 280 metres over the last 2 years.
The most recent example is Flat 7, Faith House 7, Napier Road, Luton, LU1 1RF, a leasehold flat which sold for £100,000 on the 28th February 2025.
Read more about house prices in LU1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Princess Street, Luton, LU1 has a total of 81 addresses. According to our analysis of all the public data, 47, Princess Street, Luton is the 68th largest and the 80th most expensive property on the street.
When compared to the postcode district it is £175k less expensive than the average property in LU1.
The closest station to 47, Princess Street, Luton is Luton station which is 800 metres 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 47, Princess Street, Luton, 83.3% of property is privately rented and 5.6% 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 47, Princess Street, Luton, 26.3% of residents are recorded as possessing school level qualifications and 40.2% 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 47, Princess Street, Luton, the average age was 33.3 and the most common age was 32.
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 47, Princess Street, 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 47, Princess Street, 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.