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According to the public record, First Floor Flat, 181, Runley Road, Luton is a period apartment with 355 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for First Floor Flat, 181, Runley Road, Luton is £110,593 and the estimated rental value is £759 per month.
The apartment is within 181, Runley Road, Luton, LU1.
Runley Road, Luton, LU1 is located within the LU1 postal district.
First Floor Flat, 181, Runley Road, Luton has no records in the the Land Registry and no records in the EPC database.
We combine this information with public data 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.
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 First Floor Flat, 181, Runley Road, Luton is in very good condition we estimate a sale value of £116,122 and a rental value of £797 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £102,851 and a rental value of £706 per month.
Over the last 12 months the sale value of First Floor Flat 181 Runley Road Luton has increased by an estimated £2,373 (2.1%) and its rental value has increased by an estimated £20 per month (2.7%), giving an expected gross yield of 8.2%.
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to First Floor Flat, 181, Runley Road, Luton within a radius of 880 metres over the last 2 years.
The most recent example is Flat 16, Coulson Court, Dallow Road, Luton, LU1 1XQ, a leasehold flat which sold for £130,000 on the 3rd July 2023.
Read more about house prices in LU1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Runley Road, Luton, LU1 has a total of 282 addresses. According to our analysis of all the public data, First Floor Flat, 181, Runley Road, Luton is the 278th largest and the 278th most expensive property on the street.
When compared to the postcode district it is £163k less expensive than the average property in LU1.
The closest station to First Floor Flat, 181, Runley Road, Luton is Luton station which is 2.5 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 First Floor Flat, 181, Runley Road, Luton, 38.6% of property is privately owned with a mortgage and 34.2% is privately 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 First Floor Flat, 181, Runley Road, Luton, 35.3% of residents are recorded as possessing school level qualifications and 25.8% 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 First Floor Flat, 181, Runley 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 First Floor Flat, 181, Runley 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 First Floor Flat, 181, Runley Road, Luton, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.