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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
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According to the public record, Flat 41, Arrowhead House, Luton is a modern leasehold apartment with 430 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 41, Arrowhead House, Luton is £190,604 and the estimated rental value is £1,015 per month.
The apartment is within Arrowhead House, Laporte Way, Luton, LU4.
Laporte Way, Luton, LU4 is located within the LU4 postal district.
Flat 41, Arrowhead House, Luton has a single entry in the Land Registry from July 2019 and a single entry in the EPC database dated March 2018.
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.
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 41, Arrowhead House, Luton is in very good condition we estimate a sale value of £200,134 and a rental value of £1,066 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £177,261 and a rental value of £944 per month.
Over the last 12 months the sale value of Flat 41 Arrowhead House Luton has increased by an estimated £5,358 (2.8%) and its rental value has increased by an estimated £22 per month (2.2%), giving an expected gross yield of 6.4%.
Flat 41, Arrowhead House, Luton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Mar 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
According to HM Land Registry, Flat 41, Arrowhead House, Luton was last sold on 4th July 2019 for £187,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since July 2019, the market for similar properties has dropped 18.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 41, Arrowhead House, Luton within a radius of 550 metres over the last 2 years.
The most recent example is Flat 26, Arrowhead House, Laporte Way, Luton, LU4 8FF, a leasehold flat which sold for £190,000 on the 10th September 2019.
Read more about house prices in LU4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Laporte Way, Luton, LU4 has a total of 113 addresses. According to our analysis of all the public data, Flat 41, Arrowhead House, Luton is the 15th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £107k less expensive than the average property in LU4.
The closest station to Flat 41, Arrowhead House, Luton is Luton station which is 2.1 kilometres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 41, Arrowhead House, 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 41, Arrowhead House, 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 41, Arrowhead House, 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 41, Arrowhead House, 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.
