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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, 7, Preacher Close, Luton is a modern freehold house with 839 ft2 of internal area and sits on a 203 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Preacher Close, Luton is £361,400 and the estimated rental value is £1,507 per month.
Preacher Close, Luton, LU2 is located within the LU2 postal district.
7, Preacher Close, Luton has a single entry in the Land Registry from December 2017 and a single entry in the EPC database dated November 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, Preacher Close, Luton is in very good condition we estimate a sale value of £379,470 and a rental value of £1,583 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £336,102 and a rental value of £1,402 per month.
Over the last 12 months the sale value of 7 Preacher Close Luton has increased by an estimated £4,457 (1.2%) and its rental value has increased by an estimated £30 per month (2.0%), giving an expected gross yield of 5%.
According to data from HM Land Registry, 7, Preacher Close, Luton sits on a plot of 203m2.
We have plot size data on 16 out of 16 other houses in the postcode and 7, Preacher Close, Luton sits on the 5th largest plot.
7, Preacher Close, Luton has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 Nov 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 7, Preacher Close, Luton was last sold on 13th December 2017 for £319,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2017, the market for similar properties has risen 17.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Preacher Close, Luton within a radius of 690 metres over the last 2 years.
The most recent example is 15, Preacher Close, Luton, LU2 7FX, a freehold house which sold for £340,000 on the 14th October 2024.
Read more about house prices in LU2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Preacher Close, Luton, LU2 has a total of 16 addresses. According to our analysis of all the public data, 7, Preacher Close, Luton is the 11th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £35k more expensive than the average property in LU2.
The closest station to 7, Preacher Close, Luton is Luton station which is 2.0 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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, Preacher Close, Luton, 37.4% of property is privately owned with a mortgage and 30.5% is privately rented.
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, Preacher Close, Luton, 18.3% of residents are recorded as possessing school level qualifications and 41.5% 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, Preacher Close, Luton, the average age was 38.4 and the most common age was 37.
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, Preacher Close, Luton, 0.2% 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, Preacher Close, Luton, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
