Flat 2, The Old Inkerman Arms 52
Flat 2, The Old Inkerman Arms 52
Description & Estimates
Flat 2, The Old Inkerman Arms 52, Luton is recorded publicly as a modern leasehold apartment across 301 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 2, The Old Inkerman Arms 52, Luton is £134,923 and its rental estimate is £781 per month, given the available information and assuming reasonable condition.
The Old Inkerman Arms, Inkerman Street is a residential building on Inkerman Street, Luton, LU1 and falls within the LU1 postal district.
Our Data Sources
Flat 2, The Old Inkerman Arms 52, Luton has 2 entries in the Land Registry , most recently in November 2013 and a single entry in the EPC database dated October 2021.
We combine this information with that 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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 2, The Old Inkerman Arms 52, Luton, we estimate a market value of £141,670 and a rental value of £820 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £125,479 and £727 per month respectively.
Recent Market Change
Over the last year, Flat 2, The Old Inkerman Arms 52, Luton has seen its estimated sale value climb by £779 (0.6%) and its estimated rental value rise by £19 per month (2.4%). This results in an estimated gross rental yield of 6.9%.
Energy Efficiency
Flat 2, The Old Inkerman Arms 52, Luton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Oct 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of Flat 2, The Old Inkerman Arms 52, Luton completed on 15th November 2013 at £76,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 56.4% over the period since November 2013.
- Sold Nov 2013£76,500
- Sold Aug 2009£72,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 2, The Old Inkerman Arms 52, Luton have sold within a radius of 330 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th March 2021, was Flat 6, Gilmartins House 102, Collingdon Street, Luton, LU1 1RX, a leasehold flat which sold for £120,987.
Read more about house prices in LU1.
- Sold Mar 2021£120,987 | 1 Bed FlatGilmartins House 102, Collingdon StreetFlat 6, Gilmartins House 102, Collingdon Street, Luton, LU1 1RX
- Sold Mar 2021£125,222 | 1 Bed FlatGilmartins House 102, Collingdon StreetFlat 5, Gilmartins House 102, Collingdon Street, Luton, LU1 1RX
- Sold Jul 2017£462,000 | 1 Bed FlatChristopher House 41-43, Alma StreetFlat A, Christopher House 41-43, Alma Street, Luton, LU1 2PL
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 89 addresses on Inkerman Street, Luton, LU1, Flat 2, The Old Inkerman Arms 52, Luton comes out as the 84th largest and the 77th most expensive in our analysis of the public data.
It is also £137k less expensive than the average property across the LU1 district.
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Schools Nearby
- 600mDallow Primary School
- 900mSt Matthew's Primary School
- 900mHillborough Junior School
- 1.2kmDenbigh High School
- 1.6kmChiltern Academy
- 1.6kmThe Stockwood Park Academy
More reading links
Public Transport Nearby
From Flat 2, The Old Inkerman Arms 52, Luton, the nearest station is Luton, 500 metres away.
- 500mLuton
- 1.9kmLuton Airport Parkway
- 3.8kmLeagrave
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
