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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, 59A, Malvern Road, Luton is a period leasehold apartment with 527 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 59A, Malvern Road, Luton is £211,716 and the estimated rental value is £1,227 per month.
The apartment is within 59, Malvern Road, Luton, LU1.
Malvern Road, Luton, LU1 is located within the LU1 postal district.
59A, Malvern Road, Luton has 2 entries in the Land Registry , most recently in May 2008 and a single entry in the EPC database dated April 2022.
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 59A, Malvern Road, Luton is in very good condition we estimate a sale value of £222,302 and a rental value of £1,288 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £196,896 and a rental value of £1,141 per month.
Over the last 12 months the sale value of 59A Malvern Road Luton has increased by an estimated £130 (0.1%) and its rental value has increased by an estimated £22 per month (1.8%), giving an expected gross yield of 7%.
59A, Malvern Road, Luton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Apr 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 59A, Malvern Road, Luton was last sold on 5th May 2008 for £145,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2008, the market for similar properties has risen 54.1%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 59A, Malvern Road, Luton within a radius of 370 metres over the last 2 years.
The most recent example is 59B, Malvern Road, Luton, LU1 1LG, a leasehold flat which sold for £145,000 on the 20th May 2008.
Read more about house prices in LU1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Malvern Road, Luton, LU1 has a total of 73 addresses. According to our analysis of all the public data, 59A, Malvern Road, Luton is the 72nd largest and the 72nd most expensive property on the street.
When compared to the postcode district it is £60k less expensive than the average property in LU1.
The closest station to 59A, Malvern Road, Luton is Luton station which is 1.3 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 59A, Malvern Road, Luton, 62.1% of property is privately rented and 17.7% 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 59A, Malvern Road, Luton, 33.4% of residents are recorded as possessing school level qualifications and 25.9% 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 59A, Malvern Road, Luton, the average age was 30.9 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 59A, Malvern 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 59A, Malvern Road, Luton, there are an average of 0.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
