Flat 4, 83
Flat 4, 83
Description & Estimates
Flat 4, 83, Wellington Street, Luton is recorded publicly as a period leasehold apartment across 279 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 4, 83, Wellington Street, Luton is £124,955 and its rental estimate is £728 per month, given the available information and assuming reasonable condition.
83, Wellington Street is a residential building on Wellington Street, Luton, LU1 and falls within the LU1 postal district.
Our Data Sources
Flat 4, 83, Wellington Street, Luton has a single entry in the Land Registry from November 2007 and a single entry in the EPC database dated September 2014.
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 4, 83, Wellington Street, Luton, we estimate a market value of £131,203 and a rental value of £764 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £116,208 and £677 per month respectively.
Recent Market Change
Over the last year, Flat 4, 83, Wellington Street, Luton has seen its estimated sale value move up by £722 (0.6%) and its estimated rental value increase by £17 per month (2.4%). This results in an estimated gross rental yield of 7.0%.
Energy Efficiency
Flat 4, 83, Wellington Street, Luton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Sep 2014.
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, 83, Wellington Street, Luton completed on 2nd November 2007 at £92,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 35.6% over the period since November 2007.
- Sold Nov 2007£92,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 4, 83, Wellington Street, Luton have sold within a radius of 270 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th June 2023, was Flat 1, 26, Buxton Road, Luton, LU1 1RE, a leasehold flat which sold for £361,000.
Read more about house prices in LU1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 378 addresses on Wellington Street, Luton, LU1, Flat 4, 83, Wellington Street, Luton comes out as the 346th largest and the 200th most expensive in our analysis of the public data.
It is also £147k less expensive than the average property across the LU1 district.
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Schools Nearby
- 600mHillborough Junior School
- 600mHillborough Infant and Nursery School
- 700mTennyson Road Primary School
- 1.4kmThe Stockwood Park Academy
- 1.4kmChiltern Academy
- 1.6kmDenbigh High School
More reading links
Public Transport Nearby
From Flat 4, 83, Wellington Street, Luton, the nearest station is Luton, 700 metres away.
- 700mLuton
- 1.7kmLuton Airport Parkway
- 4.1kmLeagrave
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.
