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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, Flat 4, Peace Mews 765, Luton is a modern leasehold apartment with 441 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 4, Peace Mews 765, Luton is £156,939 and the estimated rental value is £822 per month.
The apartment is within Peace Mews, Dunstable Road, Luton, LU4.
Dunstable Road, Luton, LU4 is located within the LU4 postal district.
Flat 4, Peace Mews 765, Luton has a single entry in the Land Registry from July 2015 and a single entry in the EPC database dated December 2021.
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, Peace Mews 765, Luton is in very good condition we estimate a sale value of £164,786 and a rental value of £863 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £145,954 and a rental value of £764 per month.
Over the last 12 months the sale value of Flat 4 Peace Mews 765 Luton has increased by an estimated £1,886 (1.2%) and its rental value has increased by an estimated £20 per month (2.4%), giving an expected gross yield of 6.3%.
Flat 4, Peace Mews 765, Luton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Dec 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, Flat 4, Peace Mews 765, Luton was last sold on 17th July 2015 for £100,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since July 2015, the market for similar properties has risen 60.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, Peace Mews 765, Luton within a radius of 610 metres over the last 2 years.
The most recent example is Flat 3, Nash Mews 763, Dunstable Road, Luton, LU4 0PA, a leasehold flat which sold for £160,000 on the 5th August 2024.
Read more about house prices in LU4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Dunstable Road, Luton, LU4 has a total of 832 addresses. According to our analysis of all the public data, Flat 4, Peace Mews 765, Luton is the 678th largest and the 573rd most expensive property on the street.
When compared to the postcode district it is £139k less expensive than the average property in LU4.
The closest station to Flat 4, Peace Mews 765, Luton is Leagrave station which is 1.9 kilometres away.
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, Peace Mews 765, Luton, 51.9% of property is privately rented and 29.3% is privately owned outright.
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, Peace Mews 765, Luton, 20.3% of residents are recorded as possessing school level qualifications and 51.2% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 4, Peace Mews 765, Luton, the average age was 38.6 and the most common age was 32.
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, Peace Mews 765, Luton, 0.6% 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, Peace Mews 765, Luton, there are an average of 0.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
