55, Montrose Avenue
55, Montrose Avenue
Description & Estimates
55, Montrose Avenue, Luton is recorded publicly as an early-century freehold house across 3,573 ft2 of internal area, sitting on a 427 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 55, Montrose Avenue, Luton is £914,844 and its rental estimate is £3,900 per month, given the available information and assuming reasonable condition.
Montrose Avenue, Luton, LU3 falls within the LU3 postal district.
Our Data Sources
55, Montrose Avenue, Luton has 2 entries in the Land Registry , most recently in October 2011 and a single entry in the EPC database dated March 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 55, Montrose Avenue, Luton, we estimate a market value of £960,586 and a rental value of £4,095 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £850,805 and £3,627 per month respectively.
Recent Market Change
Over the last year, 55, Montrose Avenue, Luton has seen its estimated sale value decrease by £5,579 (0.6%) and its estimated rental value grow by £38 per month (1.0%). This results in an estimated gross rental yield of 5.1%.
Plot Size
HM Land Registry records the plot of land for 55, Montrose Avenue, Luton as measuring 427 m2.
That makes it the 25th largest plot in the postcode, where 40 of the 41 other houses have recorded plot data.
Energy Efficiency
55, Montrose Avenue, Luton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Mar 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 55, Montrose Avenue, Luton completed on 13th October 2011 at £375,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 78.0% over the period since October 2011.
- Sold Oct 2011£375,000
- Sold Dec 2008£235,000
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to 55, Montrose Avenue, Luton has sold within a radius of 520 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th August 2013, was 48, Montrose Avenue, Luton, LU3 1HR, a freehold house which sold for £312,000.
Read more about house prices in LU3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 153 addresses on Montrose Avenue, Luton, LU3, 55, Montrose Avenue, Luton comes out as the 2nd largest and the most expensive in our analysis of the public data.
It is also £598k more expensive than the average property across the LU3 district.
More reading links
Schools Nearby
- 400mRiver Bank Primary School
- 500mDenbigh Primary School
- 600mWilliam Austin Junior School
- 600mDenbigh High School
- 1.3kmIcknield High School
- 1.7kmStopsley High School
More reading links
Public Transport Nearby
From 55, Montrose Avenue, Luton, the nearest station is Luton, 1.8 kilometres away.
- 1.8kmLuton
- 2.3kmLeagrave
- 3.4kmLuton Airport Parkway
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
