Sold Flat

37 PRIMROSE CLOSE

LUTON, LUTON LU3 1EU

2 beds 1 baths 51 m² Listed 18 Apr 2023 (-1189d)

£190,000

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# 2 bedroom flat for sale (LU3 1EU)

## Property Details

| Key | Value |
|-----|-------|
| Address | 37 PRIMROSE CLOSE, LUTON, LUTON LU3 1EU |
| Price | £190,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Last sold | £170,000 Nov 2024 |

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** B
- **Expiry date:** 26/05/2033
- **Current heating cost:** £194/year
- **Est. upgrade cost to C:** £2,600

### Recommendations
- I (£2,200 - £3,000)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/2431-0010-9205-6387-3200)

## Description

** CALLING ALL FIRST TIME BUYERS AND INVESTORS **

Esquire Estates are pleased to market for sale this beautifully presented TWO bedroom apartment in the prestigious and highly sought after New Bedford road area of Luton. The property offers fantastic rental return and briefly comprises; Entrance lobby, entrance hallway, open planned lounge/diner/kitchen, two great sized bedrooms, family bathroom, private balcony, allocated gated parking.  The property's location boast excellent access to local shops and schools as well as Wardown Park, the M1, town centre, London Luton Airport and the Thameslink main line train station. Call now to view  .

## Property Photos

- ![Photo 12](/listings/photos/133773869/1349826) - Photo 12
- ![Photo 5](/listings/photos/133773869/1349828) - Photo 5
- ![Photo 4](/listings/photos/133773869/1349829) - Photo 4
- ![Photo 6](/listings/photos/133773869/1349831) - Photo 6
- ![Photo 2](/listings/photos/133773869/1349833) - Photo 2
- ![Photo 1](/listings/photos/133773869/1349834) - Photo 1
- ![Photo 3](/listings/photos/133773869/1349836) - Photo 3
- ![Photo 7](/listings/photos/133773869/1349838) - Photo 7
- ![Photo 8](/listings/photos/133773869/1349840) - Photo 8
- ![Photo 10](/listings/photos/133773869/1349842) - Photo 10
- ![Photo 11](/listings/photos/133773869/1349844) - Photo 11

## Floorplans

- ![Floorplan 1](/listings/photos/133773869/1349845) - Floorplan 1

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 37 PRIMROSE CLOSE, LUTON, LU3 1EU | £170,000 | 15/11/2024 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 2 FOXGLOVE WAY, LUTON, LU3 1DY | £180,000 | 18/10/2024 | Flat |
| [Same street] 38 PRIMROSE CLOSE, LUTON, LU3 1EU | £217,000 | 31/10/2023 | Flat |
| 113 FOXGLOVE WAY, LUTON, LU3 1EA | £180,000 | 31/10/2023 | Flat |
| 99 FOXGLOVE WAY, LUTON, LU3 1EA | £183,000 | 09/10/2023 | Flat |
| 14 FOXGLOVE WAY, LUTON, LU3 1DY | £178,000 | 18/08/2023 | Flat |
| 119 FOXGLOVE WAY, LUTON, LU3 1EA | £175,000 | 14/07/2023 | Flat |
| 31 FOXGLOVE WAY, LUTON, LU3 1EA | £185,000 | 11/04/2023 | Flat |
| QUEENS COURT FLAT 13 KNIGHTS FIELD, LUTON, LU2 7LN | £262,500 | 20/03/2023 | Flat |
| [Same street] 28 PRIMROSE CLOSE, LUTON, LU3 1EU | £240,000 | 16/02/2023 | Flat |
| 63 FOXGLOVE WAY, LUTON, LU3 1EA | £170,000 | 22/11/2022 | Flat |
| 49 FOXGLOVE WAY, LUTON, LU3 1EA | £182,000 | 18/11/2022 | Flat |
| [Same street] 41 PRIMROSE CLOSE, LUTON, LU3 1EU | £181,500 | 17/10/2022 | Flat |
| LAKEVIEW FLAT 8 NEW BEDFORD ROAD, LUTON, LU3 1NB | £170,000 | 30/09/2022 | Flat |
| 111 FOXGLOVE WAY, LUTON, LU3 1EA | £180,000 | 29/09/2022 | Flat |
| [Same street] 35 PRIMROSE CLOSE, LUTON, LU3 1EU | £215,000 | 12/09/2022 | Flat |
| LORDS PLACE FLAT 9 KNIGHTS FIELD, LUTON, LU2 7LD | £235,000 | 25/08/2022 | Flat |
| 45 FOXGLOVE WAY, LUTON, LU3 1EA | £187,000 | 19/08/2022 | Flat |
| LORDS PLACE FLAT 14 KNIGHTS FIELD, LUTON, LU2 7LD | £225,000 | 15/08/2022 | Flat |
| 17 FOXGLOVE WAY, LUTON, LU3 1EA | £173,000 | 12/07/2022 | Flat |
| NICKMAR COURT, 137 - 139 FLAT 14 NEW BEDFORD ROAD, LUTON, LU3 1LF | £135,000 | 30/05/2022 | Flat |
| 26 FOXGLOVE WAY, LUTON, LU3 1DY | £170,000 | 29/04/2022 | Flat |
| LAKEVIEW FLAT 14 NEW BEDFORD ROAD, LUTON, LU3 1NB | £178,000 | 28/04/2022 | Flat |
| 93 FOXGLOVE WAY, LUTON, LU3 1EA | £176,000 | 14/04/2022 | Flat |
| NICKMAR COURT, 137 - 139 FLAT 11 NEW BEDFORD ROAD, LUTON, LU3 1LF | £175,000 | 01/04/2022 | Flat |
| [Same street] 3 PRIMROSE CLOSE, LUTON, LU3 1EU | £188,000 | 08/12/2021 | Flat |
| [Same street] 42 PRIMROSE CLOSE, LUTON, LU3 1EU | £210,000 | 24/08/2021 | Flat |

**Street average:** £208,583 (6 sales)
**Area average:** £184,975 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £152,681 (20 Flat, LU3, 2024–2026)
- **Deviation:** +24.4%

## Rental Range

*ONS Price Index of Private Rents (Luton). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,095/mo
- **Realistic:** £1,217/mo
- **Optimistic:** £1,339/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Lincoln (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £598/mo

## 1% Rule

- **Rent ratio:** 0.64% (weak for cashflow)
- **Max investor price (0.8%):** £152,125
- **Target investor price (1%):** £121,700

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on Area rent estimate.*

## Price per Square Metre

- **£/m²:** £3,725/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 22.5%
- **10y growth:** 13.1%

## House Price Index (HM Land Registry)

*Official index for Luton; Flats and maisonettes series; as of April 2026.*

- **1y growth (index):** -6.5%
- **5y growth (index):** 3%
- **10y growth (index):** 14.9%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

Photo 12 Photo 5 Photo 4 Photo 6 Photo 2 Photo 1 Photo 3 Photo 7 Photo 8 Photo 10 Photo 11

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Property details

Tenure

LEASEHOLD

Floor area

51 m²

EPC rating

Last sold

£170,000 Nov 2024

Price per m²

£3,725/m²

Local average

£152,681 (+24.4%)

Deprivation

Decile 3 (10,125 of 33,755)

Street crime

720 incidents within 1 mile (May 2026)

Key features

EXCELLENT INVESTMENT
GREAT TRANSPORT LINKS
CLOSE TO LOCAL AMENITIES
TWO BEDROOM
PRIVATE BALCONY
SOUGHT AFTER LOCATION
SECURE PARKING

Additional details

Parking: Yes

Description

CALLING ALL FIRST TIME BUYERS AND INVESTORS
Esquire Estates are pleased to market for sale this beautifully presented TWO bedroom apartment in the prestigious and highly sought after New Bedford road area of Luton. The property offers fantastic rental return and briefly comprises; Entrance lobby, entrance hallway, open planned lounge/diner/kitchen, two great sized bedrooms, family bathroom, private balcony, allocated gated parking. The property's location boast excellent access to local shops and schools as well as Wardown Park, the M1, town centre, London Luton Airport and the Thameslink main line train station. Call now to view .

Listed by

Luton

Esquire Estates

Reference: 133773869

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: B

Inspection date: 27/05/2023

Expiry date: 26/05/2033

Current heating cost: £194/year

Potential heating cost: £186/year

Est. upgrade cost to C: £2,600

Recommendations

Replace boiler with new condensing boiler (£2,200 - £3,000)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Price history

Event	Date	Price	% change
Sold	15/11/2024 (1 year ago)	£170,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
2 FOXGLOVE WAY, LUTON, LU3 1DY	£180,000	18/10/2024	Flat
Same street 38 PRIMROSE CLOSE, LUTON, LU3 1EU	£217,000	31/10/2023	Flat
113 FOXGLOVE WAY, LUTON, LU3 1EA	£180,000	31/10/2023	Flat
99 FOXGLOVE WAY, LUTON, LU3 1EA	£183,000	09/10/2023	Flat
14 FOXGLOVE WAY, LUTON, LU3 1DY	£178,000	18/08/2023	Flat
119 FOXGLOVE WAY, LUTON, LU3 1EA	£175,000	14/07/2023	Flat
31 FOXGLOVE WAY, LUTON, LU3 1EA	£185,000	11/04/2023	Flat
QUEENS COURT FLAT 13 KNIGHTS FIELD, LUTON, LU2 7LN	£262,500	20/03/2023	Flat
Same street 28 PRIMROSE CLOSE, LUTON, LU3 1EU	£240,000	16/02/2023	Flat
63 FOXGLOVE WAY, LUTON, LU3 1EA	£170,000	22/11/2022	Flat
49 FOXGLOVE WAY, LUTON, LU3 1EA	£182,000	18/11/2022	Flat
Same street 41 PRIMROSE CLOSE, LUTON, LU3 1EU	£181,500	17/10/2022	Flat
LAKEVIEW FLAT 8 NEW BEDFORD ROAD, LUTON, LU3 1NB	£170,000	30/09/2022	Flat
111 FOXGLOVE WAY, LUTON, LU3 1EA	£180,000	29/09/2022	Flat
Same street 35 PRIMROSE CLOSE, LUTON, LU3 1EU	£215,000	12/09/2022	Flat
LORDS PLACE FLAT 9 KNIGHTS FIELD, LUTON, LU2 7LD	£235,000	25/08/2022	Flat
45 FOXGLOVE WAY, LUTON, LU3 1EA	£187,000	19/08/2022	Flat
LORDS PLACE FLAT 14 KNIGHTS FIELD, LUTON, LU2 7LD	£225,000	15/08/2022	Flat
17 FOXGLOVE WAY, LUTON, LU3 1EA	£173,000	12/07/2022	Flat
NICKMAR COURT, 137 - 139 FLAT 14 NEW BEDFORD ROAD, LUTON, LU3 1LF	£135,000	30/05/2022	Flat
26 FOXGLOVE WAY, LUTON, LU3 1DY	£170,000	29/04/2022	Flat
LAKEVIEW FLAT 14 NEW BEDFORD ROAD, LUTON, LU3 1NB	£178,000	28/04/2022	Flat
93 FOXGLOVE WAY, LUTON, LU3 1EA	£176,000	14/04/2022	Flat
NICKMAR COURT, 137 - 139 FLAT 11 NEW BEDFORD ROAD, LUTON, LU3 1LF	£175,000	01/04/2022	Flat
Same street 3 PRIMROSE CLOSE, LUTON, LU3 1EU	£188,000	08/12/2021	Flat
Same street 42 PRIMROSE CLOSE, LUTON, LU3 1EU	£210,000	24/08/2021	Flat

Street average: £208,583 (6 sales)

Area average: £184,975 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 22.5%

10y growth 13.1%

House Price Index (HM Land Registry — official index, not sold-price averages): Luton. Series: Flats and maisonettes. As of April 2026.

1y (index) -6.5%

5y (index) 3%

10y (index) 14.9%

Rental Range

Estimated market rent for Luton. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,095/mo

Realistic £1,217/mo

Optimistic £1,339/mo

Based on Local Authority from postcode lookup → Luton.

LHA (30th percentile) floor for Lincoln: £598/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View LU3 1EU

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Bus stop	Stockingstone Road towards Town Centre	0.2 miles
Bus stop	Knights Field	0.3 miles
Shop	Home Furnishings	0.3 miles
Shop	FC News	0.3 miles
Train station	Luton	0.8 miles
Train station	Luton Airport Parkway	1.7 miles
Hospital	Widecombe Nursing Home	1.8 miles
Hospital	Luton and Dunstable Hospital	2.3 miles
University	University of Bedfordshire : Putteridge Bury Campus	2.3 miles
University	University of Bedfordshire	8.2 miles

Street-level crime

Category	Count
Violence and sexual offences	266
Anti-social behaviour	113
Public order	60
Shoplifting	58
Criminal damage and arson	44
Other theft	44
Drugs	39
Vehicle crime	38
Possession of weapons	14
Other crime	12
Theft from the person	12
Robbery	9
Burglary	7
Bicycle theft	4
Total incidents	720

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
River Bank Primary School	Primary	0.1 miles	Good — 1 Nov 2019
Denbigh High School	Secondary	0.2 miles	Outstanding — 25 Jan 2024
Richmond Hill School	Other	0.4 miles	Good — 11 Dec 2019
Active Support Education Centre	Other	0.5 miles	Good — 13 Oct 2022
Denbigh Primary School	Primary	0.6 miles	Outstanding — 13 Jan 2019

Rental Comparables

Rental listings exist nearby, but none matched the 2-bedroom count for this property.

Rent-driven metrics

Based on Area rent estimate.

Rent ratio 0.64%

Max investor price (0.8%) £152,125

Target investor price (1%) £121,700

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).