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According to the public record, 7, Grasmere Avenue, Luton is a early-century freehold house with 344 ft2 of internal area and sits on a 276 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Grasmere Avenue, Luton is £236,917 and the estimated rental value is £1,038 per month.
Grasmere Avenue, Luton, LU3 is located within the LU3 postal district.
7, Grasmere Avenue, Luton has 31 entries in the Land Registry , most recently in January 2022 and a single entry in the EPC database dated August 2017.
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 7, Grasmere Avenue, Luton is in very good condition we estimate a sale value of £248,763 and a rental value of £1,090 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £220,333 and a rental value of £965 per month.
Over the last 12 months the sale value of 7 Grasmere Avenue Luton has increased by an estimated £4,800 (2.0%) and its rental value has increased by an estimated £31 per month (3.0%), giving an expected gross yield of 5.3%.
According to data from HM Land Registry, 7, Grasmere Avenue, Luton sits on a plot of 276m2.
We have plot size data on 37 out of 38 other houses in the postcode and 7, Grasmere Avenue, Luton sits on the 12th largest plot.
7, Grasmere Avenue, Luton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Aug 2017.
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, 7, Grasmere Avenue, Luton was last sold on 14th January 2022 for £295,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since January 2022, the market for similar properties has dropped 4.0%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 7, Grasmere Avenue, Luton within a radius of 580 metres over the last 2 years.
The most recent example is 34, Sorrel Close, Luton, LU3 4AE, a freehold house which sold for £255,000 on the 12th November 2021.
Read more about house prices in LU3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grasmere Avenue, Luton, LU3 has a total of 38 addresses. According to our analysis of all the public data, 7, Grasmere Avenue, Luton is the 38th largest and the 38th most expensive property on the street.
When compared to the postcode district it is £81k less expensive than the average property in LU3.
The closest station to 7, Grasmere Avenue, Luton is Leagrave station which is 2.2 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 7, Grasmere Avenue, Luton, 56.3% of property is privately owned outright and 27.3% 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 7, Grasmere Avenue, Luton, 12.7% of residents are recorded as possessing school level qualifications and 24.2% 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 7, Grasmere Avenue, Luton, the average age was 42.6 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 7, Grasmere Avenue, Luton, 0.4% 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 7, Grasmere Avenue, Luton, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
