Flat 2, Lakeview
Flat 2, Lakeview
Description & Estimates
According to the public record, Flat 2, Lakeview, Luton is a mid-century apartment with 645 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, Lakeview, Luton is £180,272 and the estimated rental value is £1,030 per month.
The apartment is within Lakeview, New Bedford Road, Luton, LU3.
New Bedford Road, Luton, LU3 is located within the LU3 postal district.
Our Data Sources
Flat 2, Lakeview, Luton has no records in the the Land Registry and a single entry in the EPC database dated January 2024.
We combine this information with public data 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.
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 2, Lakeview, Luton is in very good condition we estimate a sale value of £189,286 and a rental value of £1,082 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £167,653 and a rental value of £958 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 2, Lakeview, Luton has decreased by £562 (0.3%), while its estimated rental value has grown by £13 per month (1.3%). Based on current estimates, the property offers a gross rental yield of 6.9%.
Energy Efficiency
Flat 2, Lakeview, Luton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Jan 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
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 2, Lakeview, Luton within a radius of 520 metres over the last 2 years.
The most recent example is Flat 15, Lakeview, New Bedford Road, Luton, LU3 1NB, a leasehold flat which sold for £157,000 on the 22nd March 2024.
Read more about house prices in LU3.
- Sold Mar 2024£157,000 | 2 Bed FlatLakeview, New Bedford RoadFlat 15, Lakeview, New Bedford Road, Luton, LU3 1NB
- Sold Apr 2022£178,000 | 2 Bed FlatLakeview, New Bedford RoadFlat 14, Lakeview, New Bedford Road, Luton, LU3 1NB
- Sold Jan 2021£164,500 | 2 Bed FlatLakeview, New Bedford RoadFlat 11, Lakeview, New Bedford Road, Luton, LU3 1NB
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
New Bedford Road, Luton, LU3 has a total of 256 addresses. According to our analysis of all the public data, Flat 2, Lakeview, Luton is the 200th largest and the 187th most expensive property on the street.
When compared to the postcode district it is £136k less expensive than the average property in LU3.
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Schools Nearby
- 300mRiver Bank Primary School
- 900mSt Matthew's Primary School
- 900mBeech Hill Community Primary School
- 200mDenbigh High School
- 1.6kmStopsley High School
- 1.9kmIcknield High School
More reading links
Public Transport Nearby
The closest station to Flat 2, Lakeview, Luton is Luton station, which is 1.1 kilometres away.
- 1.1kmLuton
- 2.7kmLuton Airport Parkway
- 3.0kmLeagrave
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
