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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
18B, Surrey Street, Luton is recorded publicly as a modern leasehold apartment across 365 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 18B, Surrey Street, Luton is £147,489 and its rental estimate is £847 per month, given the available information and assuming reasonable condition.
18, Surrey Street is a residential building on Surrey Street, Luton, LU1 and falls within the LU1 postal district.
18B, Surrey Street, Luton has a single entry in the Land Registry from September 2007 and a single entry in the EPC database dated June 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 18B, Surrey Street, Luton, we estimate a market value of £154,863 and a rental value of £890 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £137,165 and £788 per month respectively.
Over the last year, 18B, Surrey Street, Luton has seen its estimated sale value move up by £852 (0.6%) and its estimated rental value increase by £20 per month (2.4%). This results in an estimated gross rental yield of 6.9%.
18B, Surrey Street, Luton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Jun 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 18B, Surrey Street, Luton completed on 12th September 2007 at £106,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 21.3% over the period since September 2007.
Over the past 2 years 3 properties similar to 18B, Surrey Street, Luton have sold within a radius of 310 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st July 2024, was 2 Carole Court, Chase Street, Luton, LU1 3QZ, a leasehold flat which sold for £135,000.
Read more about house prices in LU1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 44 addresses on Surrey Street, Luton, LU1, 18B, Surrey Street, Luton comes out as the 44th largest and the 44th most expensive in our analysis of the public data.
It is also £124k less expensive than the average property across the LU1 district.
From 18B, Surrey Street, Luton, the nearest station is Luton, 1.0 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 18B, Surrey Street, Luton, 57.0% of property is privately rented and 18.4% 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 18B, Surrey Street, Luton, 29.0% of residents are recorded as possessing school level qualifications and 31.0% 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 18B, Surrey 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 18B, Surrey Street, 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 18B, Surrey Street, Luton, there are an average of 0.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
