Flat 3, The Landmark
Flat 3, The Landmark
Description & Estimates
Public records show Flat 3, The Landmark, Luton to be a modern leasehold apartment with 365 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
Flat 3, The Landmark, Luton has an estimated sale value of £172,163 and an estimated rental value of £989 per month, assuming reasonable condition and based on the information available.
The apartment sits within The Landmark, Flowers Way, Luton, LU1.
Flowers Way, Luton, LU1 lies within the LU1 postal district.
Our Data Sources
Flat 3, The Landmark, Luton has a single entry in the Land Registry from February 2018 and a single entry in the EPC database dated April 2016.
We combine this information with that 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 3, The Landmark, Luton would be worth £180,772, with a potential rental value of £1,038 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £160,112, with a rental value of £920 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 3, The Landmark, Luton has grown by £995 (0.6%) over the last year. During the same period, its estimated monthly rental value has climbed by £23 (2.4%). The property's estimated gross yield is currently 6.9%.
Energy Efficiency
Flat 3, The Landmark, Luton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Apr 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
Sold Prices
Flat 3, The Landmark, Luton last changed hands on 8th February 2018, selling for £195,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 27.6% since February 2018.
- Sold Feb 2018£195,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 340 metres of Flat 3, The Landmark, Luton across the last 2 years.
Most recently, Flat 93, The Landmark, Flowers Way, Luton, LU1 3GB, a leasehold flat, sold at £177,500 on the 9th April 2018.
Read more about house prices in LU1.
- Sold Apr 2018£177,500 | 1 Bed FlatThe Landmark, Flowers WayFlat 93, The Landmark, Flowers Way, Luton, LU1 3GB
- Sold Feb 2018£170,000 | 1 Bed FlatThe Landmark, Flowers WayFlat 91, The Landmark, Flowers Way, Luton, LU1 3GB
- Sold Feb 2018£170,000 | 1 Bed FlatThe Landmark, Flowers WayFlat 90, The Landmark, Flowers Way, Luton, LU1 3GB
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Flat 3, The Landmark, Luton as the 69th largest and the 69th most expensive of the 131 addresses on Flowers Way, Luton, LU1.
Against the LU1 postcode district average, it is £99k less expensive than the typical property.
More reading links
Schools Nearby
- 700mTennyson Road Primary School
- 900mThe Linden Academy
- 900mHillborough Junior School
- 1.0kmChiltern Academy
- 1.8kmThe Stockwood Park Academy
- 1.8kmDenbigh High School
More reading links
Public Transport Nearby
Luton station is the nearest stop to Flat 3, The Landmark, Luton at 600 metres away.
- 600mLuton
- 1.3kmLuton Airport Parkway
- 4.4kmLeagrave
Available Internet Speeds
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
