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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, 48, River Way, Luton is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 829 ft2 of internal area and sits on a 218 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 48, River Way, Luton is £302,920 and the estimated rental value is £1,557 per month.
River Way, Luton, LU3 is located within the LU3 postal district.
48, River Way, Luton has a single entry in the Land Registry from October 2007 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 48, River Way, Luton is in very good condition we estimate a sale value of £318,066 and a rental value of £1,635 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £281,715 and a rental value of £1,448 per month.
Over the last 12 months the sale value of 48 River Way Luton has increased by an estimated £4,686 (1.5%) and its rental value has increased by an estimated £40 per month (2.5%), giving an expected gross yield of 6.2%.
According to data from HM Land Registry, 48, River Way, Luton sits on a plot of 218m2.
We have plot size data on 54 out of 55 other houses in the postcode and 48, River Way, Luton sits on the 29th largest plot.
According to HM Land Registry, 48, River Way, Luton was last sold on 22nd October 2007 for £165,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2007, the market for similar properties has risen 93.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, River Way, Luton within a radius of 550 metres over the last 2 years.
The most recent example is 17, River Way, Luton, LU3 2SE, a freehold house which sold for £260,000 on the 28th March 2025.
Read more about house prices in LU3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
River Way, Luton, LU3 has a total of 55 addresses. According to our analysis of all the public data, 48, River Way, Luton is the 21st largest and the 21st most expensive property on the street.
When compared to the postcode district it is £15k less expensive than the average property in LU3.
The closest station to 48, River Way, Luton is Leagrave station which is 300 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 48, River Way, Luton, 46.2% of property is privately rented and 22.1% 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 48, River Way, Luton, 22.1% of residents are recorded as possessing school level qualifications and 33.2% 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, River Way, Luton, the average age was 37 and the most common age was 7.
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, River Way, Luton, 0.6% 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, River Way, Luton, there are an average of 1.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
