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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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The public record lists 83, Wellington Street, Luton as a freehold house sitting on a 102 m2 plot.
Comparison with its neighbours suggests a period house with 1,485 ft2 of internal area and a garden.
In this area, houses of this size normally have 4 bedrooms.
83, Wellington Street, Luton has an estimated sale value of £375,992 and an estimated rental value of £1,792 per month, assuming reasonable condition and based on the information available.
Wellington Street, Luton, LU1 lies within the LU1 postal district.
83, Wellington Street, Luton has a single entry in the Land Registry from May 2007 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 2 out of 5 and is considered of medium accuracy.
In very good condition, we estimate 83, Wellington Street, Luton would be worth £394,792, with a potential rental value of £1,881 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £349,673, with a rental value of £1,666 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 83, Wellington Street, Luton has risen by £511 (0.1%) over the last year. During the same period, its estimated monthly rental value has moved up by £35 (1.9%). The property's estimated gross yield is currently 5.7%.
83, Wellington Street, Luton occupies a 102 m2 plot as recorded by HM Land Registry.
Of the 22 other houses in this postcode, 18 have recorded plot sizes, and this one ranks as the 11th largest.
83, Wellington Street, Luton last changed hands on 29th May 2007, selling for £285,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 82.7% since May 2007.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 270 metres of 83, Wellington Street, Luton across the last 2 years.
Most recently, 27, Stanley Street, Luton, LU1 5AL, a freehold house, sold at £210,000 on the 31st March 2021.
Read more about house prices in LU1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 83, Wellington Street, Luton as the 2nd largest and the most expensive of the 378 addresses on Wellington Street, Luton, LU1.
Against the LU1 postcode district average, it is £104k more expensive than the typical property.
Luton station is the nearest stop to 83, Wellington Street, Luton at 700 metres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 83, Wellington Street, Luton, 63.4% of property is privately rented and 23.9% is socially 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 83, Wellington Street, Luton, 36.8% of residents are recorded as possessing school level qualifications and 44.6% 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 83, Wellington Street, Luton, the average age was 33.3 and the most common age was 32.
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 83, Wellington Street, Luton, 0.8% 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 83, Wellington Street, Luton, there are an average of 0.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
