Flat 1, 29
Flat 1, 29
Description & Estimates
Public records show Flat 1, 29, Barbers Lane, Luton to be a modern Leasehold apartment with 462 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 1, 29, Barbers Lane, Luton has an estimated sale value of £141,658 and an estimated rental value of £951 per month, assuming reasonable condition and based on the information available.
The apartment sits within 29, Barbers Lane, Luton, LU1.
Barbers Lane, Luton, LU1 lies within the LU1 postal district.
Our Data Sources
Flat 1, 29, Barbers Lane, Luton has a single entry in the Land Registry from February 2014 and a single entry in the EPC database dated August 2016.
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.
Price Range & Condition
In very good condition, we estimate Flat 1, 29, Barbers Lane, Luton would be worth £148,740, with a potential rental value of £998 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £131,742, with a rental value of £884 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 1, 29, Barbers Lane, Luton has dropped by £683 (0.5%) over the last year. During the same period, its estimated monthly rental value has risen by £11 (1.1%). The property's estimated gross yield is currently 8.1%.
Energy Efficiency
Flat 1, 29, Barbers Lane, Luton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Aug 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
Flat 1, 29, Barbers Lane, Luton last changed hands on 17th February 2014, selling for £85,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 34.8% since February 2014.
- Sold Feb 2014£85,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 360 metres of Flat 1, 29, Barbers Lane, Luton across the last 2 years.
Most recently, Flat 1, Auction House Courtyard 25, John Street, Luton, LU1 2JQ, a leasehold flat, sold at £120,000 on the 2nd September 2024.
Read more about house prices in LU1.
- Sold Sep 2024£120,000 | 1 Bed FlatAuction House Courtyard 25, John StreetFlat 1, Auction House Courtyard 25, John Street, Luton, LU1 2JQ
- Sold Jun 2023£14,020,000 | 2 Bed FlatThe Picture House Apartments 34, Gordon StreetFlat 1, The Picture House Apartments 34, Gordon Street, Luton, LU1 2EJ
- Sold Feb 2023£185,000 | 1 Bed FlatMidland Apartments 142, Midland RoadFlat 2, Midland Apartments 142, Midland Road, Luton, LU2 0GH
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Flat 1, 29, Barbers Lane, Luton as the 2nd largest and the 2nd most expensive of the 12 addresses on Barbers Lane, Luton, LU1.
Against the LU1 postcode district average, it is £130k less expensive than the typical property.
More reading links
Schools Nearby
- 700mSt Matthew's Primary School
- 1.0kmDallow Primary School
- 1.1kmTennyson Road Primary School
- 1.3kmChiltern Academy
- 1.4kmDenbigh High School
- 1.9kmThe Stockwood Park Academy
More reading links
Public Transport Nearby
Luton station is the nearest stop to Flat 1, 29, Barbers Lane, Luton at 200 metres away.
- 200mLuton
- 1.5kmLuton Airport Parkway
- 4.1kmLeagrave
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
