According to the public record, 54, Ridgway Road, Luton is a period freehold house and with 667 ft2 of internal area and sits on a 168 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Ridgway Road, Luton, LU2 is located within the LU2 postal district.
54, Ridgway Road, Luton has 31 entries in the Land Registry database, most recently in August 2022 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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 54 Ridgway Road Luton as £220,153 and the rental value as £1,162 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 54 Ridgway Road Luton has increased by £2,501 (1.1%) and its rental value has increased by £83 per month (7.1%).
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 54, Ridgway Road, Luton is in very good condition we estimate a sale value of £231,161 and rental value of £1,220 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £204,742 and a rental value of £1,080 per month.
If you were able to purchase this property for the estimated value of £220,153, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,082 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, 54, Ridgway Road, Luton sits on a plot of 168m2.
We have plot size data on 36 out of 42 other houses in the postcode and 54, Ridgway Road, Luton sits on the 15th largest plot.
According to HM Land Registry, 54, Ridgway Road, Luton was last sold on 24 Aug 2022 for £207,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Aug 2022, the market for similar properties has dropped 4.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 54, Ridgway Road, Luton within a radius of 20m over the last 2 years.
The most recent example is 62, Ridgway Road, Luton, LU2 7RR, a Freehold house which sold for £265,000 in Jun 2024.
Read more about house prices in LU2.
Ridgway Road, Luton, LU2 has a total of 183 addresses. According to our analysis of all the public data, 54, Ridgway Road, Luton is the 157th largest and the 136th most expensive property on the street.
When compared to the postcode district it is £94k less expensive than the average property in LU2.
54, Ridgway Road, Luton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Oct 2018.
The property is connected to mains gas and has some double glazing. It is heated using a boiler and radiators.
The closest station to 54, Ridgway Road, Luton is Luton station which is 800 m 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 54, Ridgway Road, Luton, 66.5% of property is privately rented and 14.8% 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 54, Ridgway Road, Luton, 48.3% of residents are recorded as possessing school level qualifications and 47.9% 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 54, Ridgway Road, Luton, the average age was 31.5 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 54, Ridgway Road, Luton, 0.8% 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 54, Ridgway Road, Luton, there are an average of 0.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.