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According to the public record, Flat 9, The Heights, Luton is a modern leasehold apartment with 376 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 9, The Heights, Luton is £128,367 and the estimated rental value is £800 per month.
The apartment is within The Heights, Marsh Road, Luton, LU3.
Marsh Road, Luton, LU3 is located within the LU3 postal district.
Flat 9, The Heights, Luton has 2 entries in the Land Registry , most recently in July 2020 and a single entry in the EPC database dated October 2012.
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 9, The Heights, Luton is in very good condition we estimate a sale value of £134,786 and a rental value of £840 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £119,382 and a rental value of £744 per month.
Over the last 12 months the sale value of Flat 9 The Heights Luton has increased by an estimated £3,092 (2.4%) and its rental value has increased by an estimated £26 per month (3.3%), giving an expected gross yield of 7.5%.
Flat 9, The Heights, Luton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Oct 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, Flat 9, The Heights, Luton was last sold on 2nd July 2020 for £95,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since July 2020, the market for similar properties has risen 15.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 9, The Heights, Luton within a radius of 560 metres over the last 2 years.
The most recent example is 3, The Stepping Stones, Luton, LU3 2ST, a leasehold flat which sold for £130,000 on the 16th February 2024.
Read more about house prices in LU3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Marsh Road, Luton, LU3 has a total of 314 addresses. According to our analysis of all the public data, Flat 9, The Heights, Luton is the 262nd largest and the 265th most expensive property on the street.
When compared to the postcode district it is £190k less expensive than the average property in LU3.
The closest station to Flat 9, The Heights, Luton is Leagrave station which is 200 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 9, The Heights, Luton, 46.2% of property is privately rented and 22.1% is privately owned with a mortgage.
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 9, The Heights, Luton, 22.1% of residents are recorded as possessing school level qualifications and 33.2% 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 9, The Heights, Luton, the average age was 37 and the most common age was 7.
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 9, The Heights, 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 9, The Heights, Luton, there are an average of 1.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.