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Property details for 291 Old Bedford Road, Luton LU2 7BW

Detached house, Freehold, 4 Beds, 2 Baths, 2 Receps - Edit
Zoopla Estimate: £628,000

Value data/graphs

Estimate feedback

  • Zoopla Estimate

    £628,000
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  • Value change
    26,800 (4.5%) 45,600 (7.8%) 63,800 (11.3%) 128,450 (25.7%) 173,500 (38.2%) 189,700 (43.3%) 218,200 (53.3%)  
    from 
  • Rental value
    £2,050 pcm
  • Confidence level
    92
  • Value range
    £593,000 - £663,000
  • Rental range
    £1,800 - £2,300 pcm

Monthly running costs Beta

£1,735 Monthly total
Remortgage
Property value
Loan amount (60%) 376,800
Repayment term 25
Interest rate 0.5
Your payment £1,336 /mo Find remortgage deals In partnership with
Remortgage costs explained

The initial estimated monthly remortgage payment is calculated using a loan to value of 60% of the current value of a property, a term of 25 years, and a representative interest rate.

It is important to note that the mortgage repayments figure shown is only intended as a guide.

Ensure mortgage lenders are consulted to obtain an accurate quote. We do not accept any responsibility for any inaccuracies or errors in this regard.

Home Insurance Rebuild value up to £1,000,000 Contents value up to £80,000 Average insurance cost £18/mo (£217/yr)
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Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy Gas £68 Electricity £61 Estimated energy cost £129/mo (£1,548/yr)

Reduce your energy costs by up to £309/year

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Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 19300 kWh/year
Electricity: 4900 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Luton

Estimated tax band F Council tax cost £216 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water Supply £19 Sewerage £17 Estimated water cost £36 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Public info

Property type: Detached house | Tenure: Freehold | Last sale: £385,000 | Sale date: 6th Jul 2009 - Previous sales
Property type: Detached house | Tenure: Freehold | Previous sale: £395,000 | Sale date: 23rd Jun 2004

This 4 bed freehold detached house is located at 291 Old Bedford Road, Luton LU2 7BW and has an estimated current value of £628,000. Old Bedford Road has 624 houses and flats on it with a average current value of £484,189, compared to an an average property value of £280,725 for LU2. There have been 68 property sales on Old Bedford Road, LU2 over the last 5 years with an average house price paid of £392,847 and this detached house was last sold on 6th Jul 2009 for £385,000. There are currently 155 homes for sale in LU2 with an average asking price of £299,989 and 102 properties to rent in LU2 with an average asking rent of £256 pw.

Owner info

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Market activity
Average price paid £241,708 Sales 813 Current average value £280,725 (Zoopla Zed-Index) Value change £25,105 ▲ 9.82%

What is the current average value of properties in LU2?

The current average value in LU2 in December 2016 is £280,725. This has increased 3.68% from September 2016. Terraced properties sold for a current average value of £235,957 and semi-detached properties valued £289,382. In the past year property prices in LU2 have increased 9.82%. This is according to the current Zoopla estimates.

Property value data/graphs for LU2

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £433,964 £318 3.7 £365,030
Semi-detached £289,382 £319 3.0 £262,521
Terraced £235,957 £295 2.6 £218,358
Flats £160,233 £264 1.6 £140,436

Current asking prices in LU2

Average: £296,346
Avg. current asking prices in LU2
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £115,000
(1)
£238,312
(16)
£290,043
(69)
£413,424
(27)
£587,500
(2)
Flats £148,162
(12)
£170,894
(19)
£180,000
(1)
- -
All £145,611
(13)
£201,714
(35)
£288,471
(70)
£413,424
(27)
£587,500
(2)

Current asking rents in LU2

Average: £991 pcm
Avg. current asking prices in LU2
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £597 pcm
(7)
£905 pcm
(15)
£1,133 pcm
(28)
£1,359 pcm
(6)
-
Flats £646 pcm
(10)
£851 pcm
(10)
- - -
All £626 pcm
(17)
£883 pcm
(25)
£1,133 pcm
(28)
£1,358 pcm
(6)
-

Fun facts for LU2

Highest value in LU2
Highest value streets Zed-Index
Hexton Road £708,717
Sunset Drive £700,832
West Street £628,138
Putteridge Park £623,041
Mangrove Green £557,353
Highest turnover in LU2
Highest turnover streets Turnover
Tanfield Green 72.2%
Birtley Croft 60.0%
Weldon Close 50.0%
Nayland Close 46.7%
Renshaw Close 46.2%

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