5, The Shires
5, The Shires
Description & Estimates
The public record describes 5, The Shires, Luton as a mid-century apartment with 656 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
5, The Shires, Luton has an estimated sale value of £180,219 and an estimated rental value of £965 per month, assuming reasonable condition and based on the information available.
The Shires, Luton, LU2 lies within the LU2 postal district.
Our Data Sources
5, The Shires, Luton has no recent1 records in the the Land Registry and a single entry in the EPC database dated June 2024.
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.
Price Range & Condition
In very good condition, we estimate 5, The Shires, Luton would be worth £189,230, with a potential rental value of £1,014 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £167,603, with a rental value of £898 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 5, The Shires, Luton has fallen by £1,964 (1.1%) over the last year. During the same period, its estimated monthly rental value has moved up by £9 (0.9%). The property's estimated gross yield is currently 6.4%.
Energy Efficiency
5, The Shires, Luton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 17 Jun 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
5, The Shires, Luton last changed hands on 7th July 2006, selling for £118,500. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 4 times since 1995.
- Sold Jul 2006£118,500
- Sold Mar 2003£98,995
- Sold Jul 2001£63,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 340 metres of 5, The Shires, Luton across the last 2 years.
Most recently, 53, The Larches, Luton, LU2 7PX, a leasehold flat, sold at £189,000 on the 27th November 2025.
Read more about house prices in LU2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 5, The Shires, Luton as the 58th largest and the 36th most expensive of the 77 addresses on The Shires, Luton, LU2.
Against the LU2 postcode district average, it is £144k less expensive than the typical property.
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Schools Nearby
- 600mSt Matthew's Primary School
- 800mDallow Primary School
- 900mBeech Hill Community Primary School
- 700mDenbigh High School
- 1.9kmChiltern Academy
- 2.0kmStopsley High School
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Public Transport Nearby
Luton station is the nearest stop to 5, The Shires, Luton at 600 metres away.
- 600mLuton
- 2.2kmLuton Airport Parkway
- 3.4kmLeagrave
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
