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Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 4, Ermine Place, Luton is £213,664 and the estimated rental value is £1,005 per month.
The apartment is within Ermine Place, Earls Meade, Luton, LU2.
Earls Meade, Luton, LU2 is located within the LU2 postal district.
Flat 4, Ermine Place, Luton has a single entry in the Land Registry from February 2022 and a single entry in the EPC database dated March 2025.
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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 4, Ermine Place, Luton is in very good condition we estimate a sale value of £224,347 and a rental value of £1,055 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £198,707 and a rental value of £934 per month.
Over the last 12 months the sale value of Flat 4 Ermine Place Luton has decreased by an estimated £2,703 (1.3%) and its rental value has increased by an estimated £17 per month (1.7%), giving an expected gross yield of 5.6%.
Flat 4, Ermine Place, Luton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Mar 2025.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, Flat 4, Ermine Place, Luton was last sold on 4th February 2022 for £182,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since February 2022, the market for similar properties has risen 0.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, Ermine Place, Luton within a radius of 420 metres over the last 2 years.
The most recent example is Flat 9, Lords Place, Knights Field, Luton, LU2 7LD, a leasehold flat which sold for £235,000 on the 25th August 2022.
Read more about house prices in LU2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Earls Meade, Luton, LU2 has a total of 151 addresses. According to our analysis of all the public data, Flat 4, Ermine Place, Luton is the 6th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £111k less expensive than the average property in LU2.
The closest station to Flat 4, Ermine Place, Luton is Luton station which is 800 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 4, Ermine Place, Luton, % of property is and % is .
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 4, Ermine Place, Luton, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 4, Ermine Place, Luton, 0.0% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 4, Ermine Place, Luton, there are an average of 0.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.