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Registered Address: 2 Leman St, London E1 8FA
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According to the public record, Flat C, 2, Downs Road, Luton is a period leasehold apartment with 581 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat C, 2, Downs Road, Luton is £152,426 and the estimated rental value is £961 per month.
The apartment is within 2, Downs Road, Luton, LU1.
Downs Road, Luton, LU1 is located within the LU1 postal district.
Flat C, 2, Downs Road, Luton has 21 entries in the Land Registry , most recently in April 2007 and a single entry in the EPC database dated October 2018.
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.
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 C, 2, Downs Road, Luton is in very good condition we estimate a sale value of £160,048 and a rental value of £1,009 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £141,757 and a rental value of £893 per month.
Over the last 12 months the sale value of Flat C 2 Downs Road Luton has increased by an estimated £871 (0.6%) and its rental value has increased by an estimated £13 per month (1.3%), giving an expected gross yield of 7.6%.
Flat C, 2, Downs Road, Luton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Oct 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat C, 2, Downs Road, Luton was last sold on 30th April 2007 for £119,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since April 2007, the market for similar properties has risen 46.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat C, 2, Downs Road, Luton within a radius of 330 metres over the last 2 years.
The most recent example is 19B , Grove Road, Luton, LU1 1QJ, a leasehold flat which sold for £141,000 on the 8th July 2022.
Read more about house prices in LU1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Downs Road, Luton, LU1 has a total of 442 addresses. According to our analysis of all the public data, Flat C, 2, Downs Road, Luton is the 177th largest and the 81st most expensive property on the street.
When compared to the postcode district it is £121k less expensive than the average property in LU1.
The closest station to Flat C, 2, Downs Road, Luton is Luton station which is 1.0 kilometres 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 C, 2, Downs Road, Luton, 75.6% of property is privately rented and 14.4% 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 C, 2, Downs Road, Luton, 24.0% of residents are recorded as possessing school level qualifications and 33.3% 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 C, 2, Downs Road, Luton, the average age was 33.3 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 C, 2, Downs Road, Luton, 0.2% 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 C, 2, Downs Road, Luton, there are an average of 0.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
