Flat 41, The Landmark
Flat 41, The Landmark
Description & Estimates
According to the public record, Flat 41, The Landmark, Luton is a modern leasehold apartment with 365 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, The Landmark, Luton is £172,163 and the estimated rental value is £989 per month.
The apartment is within The Landmark, Flowers Way, Luton, LU1.
Flowers Way, Luton, LU1 is located within the LU1 postal district.
Our Data Sources
Flat 41, The Landmark, Luton has a single entry in the Land Registry from January 2018 and a single entry in the EPC database dated April 2016.
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.
Price Range & Condition
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, The Landmark, Luton is in very good condition we estimate a sale value of £180,772 and a rental value of £1,038 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £160,112 and a rental value of £920 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 41, The Landmark, Luton has risen by £995 (0.6%), while its estimated rental value has moved up by £23 per month (2.4%). Based on current estimates, the property offers a gross rental yield of 6.9%.
Energy Efficiency
Flat 41, The Landmark, Luton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Apr 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
Sold Prices
According to HM Land Registry, Flat 41, The Landmark, Luton was last sold on 24th January 2018 for £175,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since January 2018, the market for similar properties has dropped by 27.5%.
- Sold Jan 2018£175,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 41, The Landmark, Luton within a radius of 340 metres over the last 2 years.
The most recent example is Flat 93, The Landmark, Flowers Way, Luton, LU1 3GB, a leasehold flat which sold for £177,500 on the 9th April 2018.
Read more about house prices in LU1.
- Sold Apr 2018£177,500 | 1 Bed FlatThe Landmark, Flowers WayFlat 93, The Landmark, Flowers Way, Luton, LU1 3GB
- Sold Feb 2018£170,000 | 1 Bed FlatThe Landmark, Flowers WayFlat 91, The Landmark, Flowers Way, Luton, LU1 3GB
- Sold Feb 2018£170,000 | 1 Bed FlatThe Landmark, Flowers WayFlat 90, The Landmark, Flowers Way, Luton, LU1 3GB
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Flowers Way, Luton, LU1 has a total of 131 addresses. According to our analysis of all the public data, Flat 41, The Landmark, Luton is the 68th largest and the 68th most expensive property on the street.
When compared to the postcode district it is £99k less expensive than the average property in LU1.
More reading links
Schools Nearby
- 700mTennyson Road Primary School
- 900mThe Linden Academy
- 900mHillborough Junior School
- 1.0kmChiltern Academy
- 1.8kmThe Stockwood Park Academy
- 1.8kmDenbigh High School
More reading links
Public Transport Nearby
The closest station to Flat 41, The Landmark, Luton is Luton station, which is 600 metres away.
- 600mLuton
- 1.3kmLuton Airport Parkway
- 4.4kmLeagrave
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
