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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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According to the public record, Flat 2, 292-294, Dunstable Road, Luton is a period leasehold apartment with 548 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 292-294, Dunstable Road, Luton is £115,643 and the estimated rental value is £809 per month.
The apartment is within 292-294, Dunstable Road, Luton, LU4.
Dunstable Road, Luton, LU4 is located within the LU4 postal district.
Flat 2, 292-294, Dunstable Road, Luton has 21 entries in the Land Registry , most recently in November 2019 and a single entry in the EPC database dated August 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 Flat 2, 292-294, Dunstable Road, Luton is in very good condition we estimate a sale value of £121,425 and a rental value of £849 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £107,548 and a rental value of £752 per month.
Over the last 12 months the sale value of Flat 2 292-294 Dunstable Road Luton has increased by an estimated £1,211 (1.0%) and its rental value has increased by an estimated £18 per month (2.2%), giving an expected gross yield of 8.4%.
Flat 2, 292-294, Dunstable Road, Luton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 25 Aug 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, Flat 2, 292-294, Dunstable Road, Luton was last sold on 7th November 2019 for £78,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since November 2019, the market for similar properties has risen 50.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 292-294, Dunstable Road, Luton within a radius of 440 metres over the last 2 years.
The most recent example is Flat 4, 292-294, Dunstable Road, Luton, LU4 8JW, a leasehold flat which sold for £122,500 on the 19th January 2024.
Read more about house prices in LU4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Dunstable Road, Luton, LU4 has a total of 834 addresses. According to our analysis of all the public data, Flat 2, 292-294, Dunstable Road, Luton is the 582nd largest and the 730th most expensive property on the street.
When compared to the postcode district it is £182k less expensive than the average property in LU4.
The closest station to Flat 2, 292-294, Dunstable Road, Luton is Luton station which is 1.7 kilometres away.
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 Flat 2, 292-294, Dunstable Road, Luton, 34.0% of property is privately owned with a mortgage and 29.2% is privately owned outright.
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 2, 292-294, Dunstable Road, Luton, 32.8% of residents are recorded as possessing school level qualifications and 20.4% 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 Flat 2, 292-294, Dunstable Road, Luton, the average age was 31.3 and the most common age was 12.
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 2, 292-294, Dunstable Road, Luton, 0.2% 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 2, 292-294, Dunstable Road, Luton, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
