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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, 78, Newark Road, Luton is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,403 ft2 of internal area and sits on a 308 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 78, Newark Road, Luton is £417,872 and the estimated rental value is £1,905 per month.
Newark Road, Luton, LU4 is located within the LU4 postal district.
78, Newark Road, Luton has a single entry in the Land Registry from February 2009 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 3 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 78, Newark Road, Luton is in very good condition we estimate a sale value of £438,765 and a rental value of £2,001 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £388,621 and a rental value of £1,772 per month.
Over the last 12 months the sale value of 78 Newark Road Luton has increased by an estimated £4,459 (1.1%) and its rental value has increased by an estimated £37 per month (1.9%), giving an expected gross yield of 5.5%.
According to data from HM Land Registry, 78, Newark Road, Luton sits on a plot of 308m2.
We have plot size data on 23 out of 23 other houses in the postcode and 78, Newark Road, Luton sits on the 7th largest plot.
According to HM Land Registry, 78, Newark Road, Luton was last sold on 27th February 2009 for £216,362 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since February 2009, the market for similar properties has risen 119.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 78, Newark Road, Luton within a radius of 520 metres over the last 2 years.
The most recent example is 191, Selbourne Road, Luton, LU4 8LU, a freehold house which sold for £310,000 on the 21st July 2023.
Read more about house prices in LU4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Newark Road, Luton, LU4 has a total of 93 addresses. According to our analysis of all the public data, 78, Newark Road, Luton is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £120k more expensive than the average property in LU4.
The closest station to 78, Newark Road, Luton is Leagrave station which is 1.7 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 78, Newark Road, Luton, 33.9% of property is privately owned outright and 26.0% 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 78, Newark Road, Luton, 30.6% of residents are recorded as possessing school level qualifications and 23.6% 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 78, Newark Road, Luton, the average age was 31.3 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 78, Newark Road, Luton, 0.5% 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 78, Newark Road, Luton, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
