According to the public record, 1, Holmfield Close, Luton is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,270 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Holmfield Close, Luton, LU1 is located within the LU1 postal district.
1, Holmfield Close, Luton has a single entry in the Land Registry database from March 2006 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Holmfield Close Luton as £424,538 and the rental value as £1,694 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 1 Holmfield Close Luton has decreased by £8,102 (1.9%) and its rental value has increased by £79 per month (4.6%).
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 1, Holmfield Close, Luton is in very good condition we estimate a sale value of £445,765 and rental value of £1,778 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £394,821 and a rental value of £1,575 per month.
If you were able to purchase this property for the estimated value of £424,538, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,086 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 1, Holmfield Close, Luton was last sold on 24 Mar 2006 for £237,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Holmfield Close, Luton within a radius of 148m over the last 2 years.
The most recent example is 6, Holmfield Close, Luton, LU1 3SX, a Freehold house which sold for £440,000 in May 2024.
Read more about house prices in LU1.
Holmfield Close, Luton, LU1 has a total of 7 addresses. According to our analysis of all the public data, 1, Holmfield Close, Luton is the 5th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £166k more expensive than the average property in LU1.
The closest station to 1, Holmfield Close, Luton is Luton station which is 1.4 km away.
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 1, Holmfield Close, Luton, 47.5% of property is privately owned outright and 40.8% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 1, Holmfield Close, Luton, 19.5% of residents are recorded as possessing school level qualifications and 50.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Holmfield Close, 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 1, Holmfield Close, Luton, 0.3% 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 1, Holmfield Close, Luton, there are an average of 1.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.