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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, 73, Spinney Road, Luton is a early-century leasehold apartment with 645 ft2 of internal area.
Apartments 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 73, Spinney Road, Luton is £109,350 and the estimated rental value is £768 per month.
Spinney Road, Luton, LU3 is located within the LU3 postal district.
73, Spinney Road, Luton has 31 entries in the Land Registry , most recently in October 2011 and a single entry in the EPC database dated April 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 73, Spinney Road, Luton is in very good condition we estimate a sale value of £114,818 and a rental value of £807 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £101,696 and a rental value of £714 per month.
Over the last 12 months the sale value of 73 Spinney Road Luton has increased by an estimated £857 (0.8%) and its rental value has increased by an estimated £11 per month (1.4%), giving an expected gross yield of 8.4%.
73, Spinney Road, Luton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Apr 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 73, Spinney Road, Luton was last sold on 24th October 2011 for £67,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since October 2011, the market for similar properties has risen 153.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 73, Spinney Road, Luton within a radius of 530 metres over the last 2 years.
The most recent example is 64, Spinney Road, Luton, LU3 3DF, a leasehold flat which sold for £93,500 on the 11th July 2018.
Read more about house prices in LU3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spinney Road, Luton, LU3 has a total of 80 addresses. According to our analysis of all the public data, 73, Spinney Road, Luton is the 64th largest and the 69th most expensive property on the street.
When compared to the postcode district it is £209k less expensive than the average property in LU3.
The closest station to 73, Spinney Road, Luton is Leagrave station which is 1.0 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 73, Spinney Road, Luton, 46.7% of property is socially rented and 22.4% 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 73, Spinney Road, Luton, 27.9% of residents are recorded as possessing school level qualifications and 28.6% 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 73, Spinney Road, 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 73, Spinney Road, 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 73, Spinney Road, 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.
