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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, 48, Chertsey Close, Luton is a modern apartment with 258 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 48, Chertsey Close, Luton is £119,318 and the estimated rental value is £640 per month.
Chertsey Close, Luton, LU2 is located within the LU2 postal district.
48, Chertsey Close, Luton has no recent1 records in the the Land Registry and a single entry in the EPC database dated November 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 48, Chertsey Close, Luton is in very good condition we estimate a sale value of £125,284 and a rental value of £672 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £110,966 and a rental value of £595 per month.
Over the last 12 months the sale value of 48 Chertsey Close Luton has increased by an estimated £2,835 (2.4%) and its rental value has increased by an estimated £19 per month (3.0%), giving an expected gross yield of 6.4%.
48, Chertsey Close, Luton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Nov 2023.
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, 48, Chertsey Close, Luton was last sold on 30th August 2005 for £65,000 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 1 sale of a property similar to 48, Chertsey Close, Luton within a radius of 660 metres over the last 2 years.
The most recent example is 49, Chertsey Close, Luton, LU2 9JD, a leasehold flat which sold for £75,000 on the 11th May 2012.
Read more about house prices in LU2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chertsey Close, Luton, LU2 has a total of 57 addresses. According to our analysis of all the public data, 48, Chertsey Close, Luton is the 56th largest and the 56th most expensive property on the street.
When compared to the postcode district it is £207k less expensive than the average property in LU2.
The closest station to 48, Chertsey Close, Luton is Luton Airport Parkway station which is 1.7 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 48, Chertsey Close, Luton, 34.7% of property is privately owned outright and 29.3% is privately rented.
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 48, Chertsey Close, Luton, 21.0% of residents are recorded as possessing school level qualifications and 32.2% 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 48, Chertsey Close, Luton, the average age was 38.5 and the most common age was 37.
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 48, Chertsey Close, Luton, 1.7% 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 48, Chertsey Close, Luton, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
