Flat 4, 123
Flat 4, 123
Description & Estimates
Flat 4, 123, Gardenia Avenue, Luton is recorded publicly as a modern leasehold apartment across 398 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 4, 123, Gardenia Avenue, Luton is £145,621 and its rental estimate is £797 per month, given the available information and assuming reasonable condition.
123, Gardenia Avenue is a residential building on Gardenia Avenue, Luton, LU3 and falls within the LU3 postal district.
Our Data Sources
Flat 4, 123, Gardenia Avenue, Luton has 41 entries in the Land Registry , most recently in June 2018 and a single entry in the EPC database dated February 2023.
We combine this information with that 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
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 4, 123, Gardenia Avenue, Luton, we estimate a market value of £152,902 and a rental value of £837 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £135,428 and £741 per month respectively.
Recent Market Change
Over the last year, Flat 4, 123, Gardenia Avenue, Luton has seen its estimated sale value move up by £1,433 (1.0%) and its estimated rental value increase by £20 per month (2.5%). This results in an estimated gross rental yield of 6.6%.
Energy Efficiency
Flat 4, 123, Gardenia Avenue, Luton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Feb 2023.
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 4, 123, Gardenia Avenue, Luton completed on 26th June 2018 at £145,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 4 times.
Values of comparable properties have dropped by 2.9% over the period since June 2018.
- Sold Jun 2018£145,000
- Sold Nov 2016£135,000
- Sold May 2012£93,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 4, 123, Gardenia Avenue, Luton have sold within a radius of 490 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th January 2024, was Flat 8, 123, Gardenia Avenue, Luton, LU3 2NG, a leasehold flat which sold for £135,000.
Read more about house prices in LU3.
- Sold Jan 2024£135,000 | 1 Bed FlatFlat 8, 123, Gardenia Avenue, Luton, LU3 2NGFlat 8, 123, Gardenia Avenue, Luton, LU3 2NG
- Sold Aug 2021£147,000 | 1 Bed FlatFlat 6, 123, Gardenia Avenue, Luton, LU3 2NGFlat 6, 123, Gardenia Avenue, Luton, LU3 2NG
- Sold Jan 2016£117,000 | 1 Bed FlatFlat 2, 123, Gardenia Avenue, Luton, LU3 2NGFlat 2, 123, Gardenia Avenue, Luton, LU3 2NG
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 209 addresses on Gardenia Avenue, Luton, LU3, Flat 4, 123, Gardenia Avenue, Luton comes out as the 208th largest and the 204th most expensive in our analysis of the public data.
It is also £171k less expensive than the average property across the LU3 district.
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Schools Nearby
- 300mSt Joseph's Catholic Primary School
- 300mNorton Road Primary School
- 800mIcknield Primary School
- 1.2kmIcknield High School
- 1.7kmChallney High School for Girls
- 1.8kmChallney High School for Boys
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Public Transport Nearby
From Flat 4, 123, Gardenia Avenue, Luton, the nearest station is Leagrave, 1.0 kilometres away.
- 1.0kmLeagrave
- 3.2kmLuton
- 4.8kmLuton Airport Parkway
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.
