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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, Great Downs 2B, Luton is a modern apartment with 376 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 2, Great Downs 2B, Luton is £128,446 and the estimated rental value is £788 per month.
The apartment is within Great Downs, Downs Road, Luton, LU1.
Downs Road, Luton, LU1 is located within the LU1 postal district.
Flat 2, Great Downs 2B, Luton has no recent1 records in the the Land Registry and a single entry in the EPC database dated November 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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, Great Downs 2B, Luton is in very good condition we estimate a sale value of £134,868 and a rental value of £828 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £119,455 and a rental value of £733 per month.
Over the last 12 months the sale value of Flat 2 Great Downs 2B Luton has increased by an estimated £3,119 (2.4%) and its rental value has increased by an estimated £23 per month (2.9%), giving an expected gross yield of 7.4%.
Flat 2, Great Downs 2B, Luton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Nov 2019.
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, Great Downs 2B, Luton was last sold on 14th July 2006 for £106,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Great Downs 2B, Luton within a radius of 320 metres over the last 2 years.
The most recent example is Flat 7, Great Downs 2B, Downs Road, Luton, LU1 1QD, a leasehold flat which sold for £138,000 on the 7th October 2022.
Read more about house prices in LU1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Downs Road, Luton, LU1 has a total of 442 addresses. According to our analysis of all the public data, Flat 2, Great Downs 2B, Luton is the 307th largest and the 216th most expensive property on the street.
When compared to the postcode district it is £145k less expensive than the average property in LU1.
The closest station to Flat 2, Great Downs 2B, Luton is Luton station which is 900 metres 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, Great Downs 2B, Luton, 75.6% of property is privately rented and 14.4% is privately owned with a mortgage.
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, Great Downs 2B, Luton, 24.0% of residents are recorded as possessing school level qualifications and 33.3% 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, Great Downs 2B, Luton, the average age was 33.3 and the most common age was 32.
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, Great Downs 2B, 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, Great Downs 2B, Luton, there are an average of 0.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
