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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
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The public record describes Flat 12, Ermine Place, Luton as a modern apartment with 785 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a balcony.
Flat 12, Ermine Place, Luton has an estimated sale value of £219,979 and an estimated rental value of £1,027 per month, assuming reasonable condition and based on the information available.
The apartment sits within Ermine Place, Earls Meade, Luton, LU2.
Earls Meade, Luton, LU2 lies within the LU2 postal district.
Flat 12, Ermine Place, Luton has no recent1 records in the the Land Registry and a single entry in the EPC database dated August 2020.
We combine this information with public data 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.
In very good condition, we estimate Flat 12, Ermine Place, Luton would be worth £230,978, with a potential rental value of £1,078 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £204,581, with a rental value of £955 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 12, Ermine Place, Luton has fallen by £2,782 (1.3%) over the last year. During the same period, its estimated monthly rental value has moved up by £18 (1.7%). The property's estimated gross yield is currently 5.6%.
Flat 12, Ermine Place, Luton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Aug 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Flat 12, Ermine Place, Luton last changed hands on 20th January 1997, selling for £56,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 420 metres of Flat 12, Ermine Place, Luton across the last 2 years.
Most recently, Flat 9, Lords Place, Knights Field, Luton, LU2 7LD, a leasehold flat, sold at £235,000 on the 25th August 2022.
Read more about house prices in LU2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 12, Ermine Place, Luton as the 5th largest and the most expensive of the 151 addresses on Earls Meade, Luton, LU2.
Against the LU2 postcode district average, it is £105k less expensive than the typical property.
Luton station is the nearest stop to Flat 12, Ermine Place, Luton at 800 metres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 12, Ermine Place, Luton, % of property is and % is .
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 Flat 12, Ermine Place, Luton, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 Flat 12, Ermine Place, 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 Flat 12, Ermine Place, Luton, there are an average of 0.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
