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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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Flat 5, Peace Mews 765, Luton is described in the public record as a modern apartment with 439 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 5, Peace Mews 765, Luton is £156,507 and its rental estimate is £819 per month, given the available information and assuming reasonable condition.
Peace Mews, Dunstable Road is a residential building on Dunstable Road, Luton, LU4 and falls within the LU4 postal district.
Flat 5, Peace Mews 765, Luton has no recent1 records in the the Land Registry and a single entry in the EPC database dated October 2011.
We combine this information with public data 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.
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 5, Peace Mews 765, Luton, we estimate a market value of £164,332 and a rental value of £860 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £145,551 and £762 per month respectively.
Over the last year, Flat 5, Peace Mews 765, Luton has seen its estimated sale value rise by £1,881 (1.2%) and its estimated rental value move up by £20 per month (2.4%). This results in an estimated gross rental yield of 6.3%.
Flat 5, Peace Mews 765, Luton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 31 Oct 2011.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
The most recent sale of Flat 5, Peace Mews 765, Luton completed on 31st August 2006 at £105,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Over the past 2 years 3 properties similar to Flat 5, Peace Mews 765, Luton have sold within a radius of 610 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 5th August 2024, was Flat 3, Nash Mews 763, Dunstable Road, Luton, LU4 0PA, a leasehold flat which sold for £160,000.
Read more about house prices in LU4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 832 addresses on Dunstable Road, Luton, LU4, Flat 5, Peace Mews 765, Luton comes out as the 691st largest and the 576th most expensive in our analysis of the public data.
It is also £140k less expensive than the average property across the LU4 district.
From Flat 5, Peace Mews 765, Luton, the nearest station is Leagrave, 1.9 kilometres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 5, 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 5, 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 5, 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 5, 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 5, 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.
