Flat 2, Old Hat Factory
Flat 2, Old Hat Factory
Description & Estimates
The public record describes Flat 2, Old Hat Factory, Luton as a period apartment with 301 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom with a garden.
Flat 2, Old Hat Factory, Luton has an estimated sale value of £108,021 and an estimated rental value of £671 per month, assuming reasonable condition and based on the information available.
The apartment sits within Old Hat Factory, Clarendon Road, Luton, LU2.
Clarendon Road, Luton, LU2 lies within the LU2 postal district.
Our Data Sources
Flat 2, Old Hat Factory, Luton has no records in the the Land Registry and a single entry in the EPC database dated November 2017.
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.
Price Range & Condition
In very good condition, we estimate Flat 2, Old Hat Factory, Luton would be worth £113,422, with a potential rental value of £705 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £100,460, with a rental value of £624 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 2, Old Hat Factory, Luton has climbed by £1,371 (1.3%) over the last year. During the same period, its estimated monthly rental value has risen by £21 (3.1%). The property's estimated gross yield is currently 7.5%.
Energy Efficiency
Flat 2, Old Hat Factory, Luton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Nov 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 350 metres of Flat 2, Old Hat Factory, Luton across the last 2 years.
Most recently, Flat 1, Drinnan Court 10, Clarendon Road, Luton, LU2 7PQ, a leasehold flat, sold at £121,000 on the 5th January 2018.
Read more about house prices in LU2.
- Sold Jan 2018£121,000 | 1 Bed FlatDrinnan Court 10, Clarendon RoadFlat 1, Drinnan Court 10, Clarendon Road, Luton, LU2 7PQ
- Sold Sep 2016£85,000 | 1 Bed Flat29, Clarendon RoadFlat 5, 29, Clarendon Road, Luton, LU2 7PQ
- Sold Apr 2016£89,000 | 1 Bed FlatClarendon Road32D, Clarendon Road, Luton, LU2 7FB
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 2, Old Hat Factory, Luton as the 210th largest and the 211th most expensive of the 227 addresses on Clarendon Road, Luton, LU2.
Against the LU2 postcode district average, it is £217k less expensive than the typical property.
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Schools Nearby
- 500mSt Matthew's Primary School
- 800mRiver Bank Primary School
- 1.0kmDallow Primary School
- 700mDenbigh High School
- 1.8kmStopsley High School
- 2.0kmChiltern Academy
More reading links
Public Transport Nearby
Luton station is the nearest stop to Flat 2, Old Hat Factory, Luton at 600 metres away.
- 600mLuton
- 2.2kmLuton Airport Parkway
- 3.4kmLeagrave
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
