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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 51, The Elms 26, Luton is a modern leasehold apartment with 452 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 51, The Elms 26, Luton is £164,080 and the estimated rental value is £933 per month.
The apartment is within The Elms, John Street, Luton, LU1.
John Street, Luton, LU1 is located within the LU1 postal district.
Flat 51, The Elms 26, Luton has a single entry in the Land Registry from May 2019 and a single entry in the EPC database dated September 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 51, The Elms 26, Luton is in very good condition we estimate a sale value of £172,284 and a rental value of £979 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £152,595 and a rental value of £867 per month.
Over the last 12 months the sale value of Flat 51 The Elms 26 Luton has increased by an estimated £948 (0.6%) and its rental value has increased by an estimated £22 per month (2.4%), giving an expected gross yield of 6.8%.
Flat 51, The Elms 26, Luton has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Sep 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
According to HM Land Registry, Flat 51, The Elms 26, Luton was last sold on 31st May 2019 for £149,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2019, the market for similar properties has dropped 23.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 51, The Elms 26, Luton within a radius of 390 metres over the last 2 years.
The most recent example is Flat 13, The Elms 26, John Street, Luton, LU1 2EE, a leasehold flat which sold for £135,000 on the 26th April 2024.
Read more about house prices in LU1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
John Street, Luton, LU1 has a total of 191 addresses. According to our analysis of all the public data, Flat 51, The Elms 26, Luton is the 127th largest and the 75th most expensive property on the street.
When compared to the postcode district it is £107k less expensive than the average property in LU1.
The closest station to Flat 51, The Elms 26, Luton is Luton station which is 300 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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 51, The Elms 26, 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 51, The Elms 26, 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 51, The Elms 26, 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 51, The Elms 26, 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.
