40B, Grove Road
40B, Grove Road
Description & Estimates
According to the public record, 40B, Grove Road, Luton is a mid-century leasehold apartment with 398 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 40B, Grove Road, Luton is £131,324 and the estimated rental value is £853 per month.
The apartment is within 40, Grove Road, Slip End, Luton, LU1.
Grove Road, Slip End, Luton, LU1 is located within the LU1 postal district.
Our Data Sources
40B, Grove Road, Luton has 41 entries in the Land Registry , most recently in November 2011 and a single entry in the EPC database dated January 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 40B, Grove Road, Luton is in very good condition we estimate a sale value of £137,890 and a rental value of £896 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £122,131 and a rental value of £793 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 40B, Grove Road, Luton has increased by £759 (0.6%), while its estimated rental value has grown by £20 per month (2.4%). Based on current estimates, the property offers a gross rental yield of 7.8%.
Energy Efficiency
40B, Grove Road, Luton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Jan 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 40B, Grove Road, Luton was last sold on 11th November 2011 for £60,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since November 2011, the market for similar properties has risen by 94.5%.
- Sold Nov 2011£60,000
- Sold May 2003£64,995
- Sold Mar 2001£30,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40B, Grove Road, Luton within a radius of 340 metres over the last 2 years.
The most recent example is 42B, Grove Road, Luton, LU1 1QJ, a leasehold flat which sold for £137,000 on the 23rd June 2023.
Read more about house prices in LU1.
- Sold Jun 2023£137,000 | 1 Bed Flat42B, Grove Road, Luton, LU1 1QJ42B, Grove Road, Luton, LU1 1QJ
- Sold Aug 2022£105,000 | 1 Bed FlatFlat 10, Great Downs 2B, Downs Road, Luton, LU1 1QDFlat 10, Great Downs 2B, Downs Road, Luton, LU1 1QD
- Sold Apr 2022£146,000 | 1 Bed FlatFlat 1, Great Downs 2B, Downs Road, Luton, LU1 1QDFlat 1, Great Downs 2B, Downs Road, Luton, LU1 1QD
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Grove Road, Slip End, Luton, LU1 has a total of 166 addresses. According to our analysis of all the public data, 40B, Grove Road, Luton is the 142nd largest and the 124th most expensive property on the street.
When compared to the postcode district it is £140k less expensive than the average property in LU1.
More reading links
Schools Nearby
- 400mDallow Primary School
- 700mHillborough Junior School
- 700mHillborough Infant and Nursery School
- 1.3kmThe Stockwood Park Academy
- 1.3kmDenbigh High School
- 1.8kmChiltern Academy
More reading links
Public Transport Nearby
The closest station to 40B, Grove Road, Luton is Luton station, which is 800 metres away.
- 800mLuton
- 2.1kmLuton Airport Parkway
- 3.7kmLeagrave
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
