Flat 1, Peace Mews 765
Flat 1, Peace Mews 765
Description & Estimates
According to the public record, Flat 1, Peace Mews 765, Luton is a modern leasehold apartment with 439 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 Flat 1, Peace Mews 765, Luton is £156,507 and the estimated rental value is £819 per month.
The apartment is within Peace Mews, Dunstable Road, Luton, LU4.
Dunstable Road, Luton, LU4 is located within the LU4 postal district.
Our Data Sources
Flat 1, Peace Mews 765, Luton has 21 entries in the Land Registry , most recently in September 2010 and a single entry in the EPC database dated May 2009.
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 Flat 1, Peace Mews 765, Luton is in very good condition we estimate a sale value of £164,332 and a rental value of £860 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £145,551 and a rental value of £762 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 1, Peace Mews 765, Luton has moved up by £1,881 (1.2%), while its estimated rental value has increased by £20 per month (2.4%). Based on current estimates, the property offers a gross rental yield of 6.3%.
Energy Efficiency
Flat 1, Peace Mews 765, Luton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 May 2009.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
According to HM Land Registry, Flat 1, Peace Mews 765, Luton was last sold on 10th September 2010 for £85,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since September 2010, the market for similar properties has risen by 102.3%.
- Sold Sep 2010£85,000
- Sold Apr 2004£85,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, Peace Mews 765, Luton within a radius of 610 metres over the last 2 years.
The most recent example is Flat 3, Nash Mews 763, Dunstable Road, Luton, LU4 0PA, a leasehold flat which sold for £160,000 on the 5th August 2024.
Read more about house prices in LU4.
- Sold Aug 2024£160,000 | 1 Bed FlatNash Mews 763, Dunstable RoadFlat 3, Nash Mews 763, Dunstable Road, Luton, LU4 0PA
- Sold Aug 2023£170,000 | 2 Bed FlatPeace Mews 765, Dunstable RoadFlat 6, Peace Mews 765, Dunstable Road, Luton, LU4 0PB
- Sold Jul 2015£100,000 | 1 Bed FlatPeace Mews 765, Dunstable RoadFlat 4, Peace Mews 765, Dunstable Road, Luton, LU4 0PB
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Dunstable Road, Luton, LU4 has a total of 832 addresses. According to our analysis of all the public data, Flat 1, Peace Mews 765, Luton is the 692nd largest and the 577th most expensive property on the street.
When compared to the postcode district it is £140k less expensive than the average property in LU4.
More reading links
Schools Nearby
- 600mThe Ferrars Academy
- 700mFerrars Junior School
- 1.1kmSt Christophers Academy
- 700mChallney High School for Boys
- 900mChallney High School for Girls
- 1.0kmThe Chalk Hills Academy
More reading links
Public Transport Nearby
The closest station to Flat 1, Peace Mews 765, Luton is Leagrave station, which is 1.9 kilometres away.
- 1.9kmLeagrave
- 4.4kmLuton
- 5.9kmLuton Airport Parkway
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
