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According to the public record, 159A, Hitchin Road, Luton is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 852 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 159A, Hitchin Road, Luton is £165,216 and the estimated rental value is £932 per month.
The apartment is within 159, Hitchin Road, Luton, LU2.
Hitchin Road, Luton, LU2 is located within the LU2 postal district.
159A, Hitchin Road, Luton has a single entry in the Land Registry from August 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 1 out of 5 and is considered of low 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 159A, Hitchin Road, Luton is in very good condition we estimate a sale value of £173,477 and a rental value of £979 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £153,651 and a rental value of £867 per month.
Over the last 12 months the sale value of 159A Hitchin Road Luton has increased by an estimated £791 (0.5%) and its rental value has increased by an estimated £12 per month (1.3%), giving an expected gross yield of 6.8%.
According to HM Land Registry, 159A, Hitchin Road, Luton was last sold on 22nd August 2007 for £150,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2007, the market for similar properties has risen 37.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 159A, Hitchin Road, Luton within a radius of 420 metres over the last 2 years.
The most recent example is Flat 5, Alice Court , Ridgway Road, Luton, LU2 7RP, a leasehold flat which sold for £235,000 on the 27th September 2023.
Read more about house prices in LU2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hitchin Road, Luton, LU2 has a total of 737 addresses. According to our analysis of all the public data, 159A, Hitchin Road, Luton is the 295th largest and the 574th most expensive property on the street.
When compared to the postcode district it is £161k less expensive than the average property in LU2.
The closest station to 159A, Hitchin Road, Luton is Luton station which is 900 metres 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 159A, Hitchin Road, Luton, % of property is and % is .
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 159A, Hitchin Road, Luton, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 159A, Hitchin 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 159A, Hitchin Road, Luton, there are an average of 0.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.