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According to the public record, 53, Cannon Lane, Luton is a early-century freehold house with 1,388 ft2 of internal area and sits on a 388 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 53, Cannon Lane, Luton is £480,074 and the estimated rental value is £1,750 per month.
Cannon Lane, Luton, LU2 is located within the LU2 postal district.
53, Cannon Lane, Luton has a single entry in the Land Registry from February 2017 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 4 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 53, Cannon Lane, Luton is in very good condition we estimate a sale value of £504,078 and a rental value of £1,837 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £446,469 and a rental value of £1,627 per month.
Over the last 12 months the sale value of 53 Cannon Lane Luton has increased by an estimated £1,988 (0.4%) and its rental value has increased by an estimated £21 per month (1.2%), giving an expected gross yield of 4.4%.
According to data from HM Land Registry, 53, Cannon Lane, Luton sits on a plot of 388m2.
We have plot size data on 50 out of 60 other houses in the postcode and 53, Cannon Lane, Luton sits on the 22nd largest plot.
53, Cannon Lane, Luton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Jan 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 53, Cannon Lane, Luton was last sold on 7th February 2017 for £315,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since February 2017, the market for similar properties has risen 20.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 53, Cannon Lane, Luton within a radius of 660 metres over the last 2 years.
The most recent example is 76, Swifts Green Road, Luton, LU2 8BW, a freehold house which sold for £490,000 on the 19th July 2024.
Read more about house prices in LU2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cannon Lane, Luton, LU2 has a total of 101 addresses. According to our analysis of all the public data, 53, Cannon Lane, Luton is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £154k more expensive than the average property in LU2.
The closest station to 53, Cannon Lane, Luton is Luton station which is 3.0 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 53, Cannon Lane, Luton, 38.6% of property is privately owned with a mortgage and 36.0% 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 53, Cannon Lane, Luton, 21.5% of residents are recorded as possessing school level qualifications and 29.2% 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 53, Cannon Lane, Luton, the average age was 42.5 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 53, Cannon Lane, 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 53, Cannon Lane, Luton, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
