According to the public record, 40, Farley Farm Road, Luton is a mid-century house with 914 ft2 of internal area and sits on a 2,411 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Farley Farm Road, Luton, LU1 is located within the LU1 postal district.
40, Farley Farm Road, Luton has no records in the Land Registry database and a single entry in the EPC database dated March 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 40 Farley Farm Road Luton as £264,936 and the rental value as £1,356 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 40 Farley Farm Road Luton has decreased by £2,833 (1.1%) and its rental value has increased by £75 per month (5.5%).
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 40, Farley Farm Road, Luton is in very good condition we estimate a sale value of £278,183 and rental value of £1,424 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £246,391 and a rental value of £1,261 per month.
If you were able to purchase this property for the estimated value of £264,936, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,302 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 data from HM Land Registry, 40, Farley Farm Road, Luton sits on a plot of 2411m2.
We have plot size data on 13 out of 28 other houses in the postcode and 40, Farley Farm Road, Luton sits on the largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Farley Farm Road, Luton within a radius of 167m over the last 2 years.
The most recent example is 2, Rotherham Avenue, Luton, LU1 5PN, a Freehold house which sold for £285,000 in Sep 2021.
Read more about house prices in LU1.
Farley Farm Road, Luton, LU1 has a total of 62 addresses. According to our analysis of all the public data, 40, Farley Farm Road, Luton is the 39th largest and the 40th most expensive property on the street.
When compared to the postcode district it is £6k more expensive than the average property in LU1.
40, Farley Farm Road, Luton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Mar 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 40, Farley Farm Road, Luton is Luton station which is 2.0 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 40, Farley Farm Road, Luton, 53.7% of property is socially rented and 22.0% 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 40, Farley Farm Road, Luton, 28.3% of residents are recorded as possessing school level qualifications and 15.9% 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 40, Farley Farm Road, Luton, the average age was 34.4 and the most common age was 12.
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 40, Farley Farm Road, Luton, 0.0% 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 40, Farley Farm Road, Luton, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.