Flat 5, The Landmark
Flat 5, The Landmark
Description & Estimates
Flat 5, The Landmark, Luton is recorded publicly as a modern leasehold apartment across 376 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 5, The Landmark, Luton is £174,817 and its rental estimate is £1,003 per month, given the available information and assuming reasonable condition.
The Landmark, Flowers Way is a residential building on Flowers Way, Luton, LU1 and falls within the LU1 postal district.
Our Data Sources
Flat 5, The Landmark, Luton has a single entry in the Land Registry from February 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
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, The Landmark, Luton, we estimate a market value of £183,558 and a rental value of £1,053 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £162,580 and £933 per month respectively.
Recent Market Change
Over the last year, Flat 5, The Landmark, Luton has seen its estimated sale value increase by £1,010 (0.6%) and its estimated rental value grow by £24 per month (2.4%). This results in an estimated gross rental yield of 6.9%.
Energy Efficiency
Flat 5, 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
The most recent sale of Flat 5, The Landmark, Luton completed on 7th February 2018 at £180,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 27.6% over the period since February 2018.
- Sold Feb 2018£180,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 5, The Landmark, Luton have sold within a radius of 340 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st March 2018, was Flat 125, The Landmark, Flowers Way, Luton, LU1 3GB, a leasehold flat which sold for £197,500.
Read more about house prices in LU1.
- Sold Mar 2018£197,500 | 1 Bed FlatThe Landmark, Flowers WayFlat 125, The Landmark, Flowers Way, Luton, LU1 3GB
- Sold Jan 2018£177,500 | 1 Bed FlatThe Landmark, Flowers WayFlat 55, The Landmark, Flowers Way, Luton, LU1 3GA
- Sold Jan 2018£185,000 | 1 Bed FlatThe Landmark, Flowers WayFlat 44, The Landmark, Flowers Way, Luton, LU1 3GA
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 131 addresses on Flowers Way, Luton, LU1, Flat 5, The Landmark, Luton comes out as the 54th largest and the 55th most expensive in our analysis of the public data.
It is also £97k less expensive than the average property across the LU1 district.
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
From Flat 5, The Landmark, Luton, the nearest station is Luton, 600 metres away.
- 600mLuton
- 1.3kmLuton Airport Parkway
- 4.4kmLeagrave
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
