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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, 53, Wexham Close, Luton is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 574 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 53, Wexham Close, Luton is £129,611 and the estimated rental value is £907 per month.
Wexham Close, Luton, LU3 is located within the LU3 postal district.
53, Wexham Close, Luton has 2 entries in the Land Registry , most recently in April 2016 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 1 out of 5 and is considered of low 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, Wexham Close, Luton is in very good condition we estimate a sale value of £136,091 and a rental value of £953 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £120,538 and a rental value of £844 per month.
Over the last 12 months the sale value of 53 Wexham Close Luton has increased by an estimated £1,111 (0.9%) and its rental value has increased by an estimated £16 per month (1.7%), giving an expected gross yield of 8.4%.
According to HM Land Registry, 53, Wexham Close, Luton was last sold on 22nd April 2016 for £144,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since April 2016, the market for similar properties has risen 31.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 53, Wexham Close, Luton within a radius of 580 metres over the last 2 years.
The most recent example is 123, Copenhagen Close, Luton, LU3 3TG, a leasehold flat which sold for £94,000 on the 15th June 2023.
Read more about house prices in LU3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wexham Close, Luton, LU3 has a total of 106 addresses. According to our analysis of all the public data, 53, Wexham Close, Luton is the 103rd largest and the 94th most expensive property on the street.
When compared to the postcode district it is £188k less expensive than the average property in LU3.
The closest station to 53, Wexham Close, Luton is Leagrave station which is 1.9 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, Wexham Close, Luton, 41.6% of property is socially rented and 26.6% 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 53, Wexham Close, Luton, 24.6% of residents are recorded as possessing school level qualifications and 26.7% 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, Wexham Close, Luton, the average age was 34 and the most common age was 12.
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, Wexham Close, 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, Wexham Close, 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.
