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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, Glenfield Road, Luton is a modern Leasehold apartment with 290 ft2 of internal area.
Apartments of this size in this area are normally studios.
Based on available information, and assuming reasonable condition, the estimated sale value for 48, Glenfield Road, Luton is £109,759 and the estimated rental value is £678 per month.
Glenfield Road, Luton, LU3 is located within the LU3 postal district.
48, Glenfield Road, Luton has 31 entries in the Land Registry , most recently in August 2007 and a single entry in the EPC database dated January 2019.
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.
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, Glenfield Road, Luton is in very good condition we estimate a sale value of £115,247 and a rental value of £712 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £102,076 and a rental value of £630 per month.
Over the last 12 months the sale value of 48 Glenfield Road Luton has increased by an estimated £2,936 (2.7%) and its rental value has increased by an estimated £24 per month (3.6%), giving an expected gross yield of 7.4%.
48, Glenfield Road, Luton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Jan 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 48, Glenfield Road, Luton was last sold on 15th August 2007 for £79,995 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since August 2007, the market for similar properties has risen 29.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Glenfield Road, Luton within a radius of 610 metres over the last 2 years.
The most recent example is 42, Glenfield Road, Luton, LU3 2HZ, a leasehold flat which sold for £100,000 on the 15th February 2022.
Read more about house prices in LU3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Glenfield Road, Luton, LU3 has a total of 95 addresses. According to our analysis of all the public data, 48, Glenfield Road, Luton is the 89th largest and the 89th most expensive property on the street.
When compared to the postcode district it is £208k less expensive than the average property in LU3.
The closest station to 48, Glenfield Road, Luton is Leagrave station which is 2.3 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, Glenfield Road, Luton, 36.1% of property is privately owned with a mortgage and 33.3% 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, Glenfield Road, Luton, 19.8% of residents are recorded as possessing school level qualifications and 37.1% 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, Glenfield 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 48, Glenfield Road, 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 48, Glenfield 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.
