According to the public record, Flat 3, 4, Farley Hill, Luton is a modern apartment with 581 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 4, Farley Hill, Luton, LU1.
Farley Hill, Luton, LU1 is located within the LU1 postal district.
Flat 3, 4, Farley Hill, Luton has no recent1 records in the Land Registry database and a single entry in the EPC database dated March 2016.
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 Flat 3 4 Farley Hill Luton as £161,317 and the rental value as £948 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of Flat 3 4 Farley Hill Luton has decreased by £1,294 (0.8%) and its rental value has increased by £55 per month (5.8%).
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 Flat 3, 4, Farley Hill, Luton is in very good condition we estimate a sale value of £169,383 and rental value of £996 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £150,025 and a rental value of £882 per month.
If you were able to purchase this property for the estimated value of £161,317, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £793 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, Flat 3, 4, Farley Hill, Luton was last sold on 25 Aug 2005 for £123,750 and was recorded as a leasehold flat.
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 Flat 3, 4, Farley Hill, Luton within a radius of 299m over the last 2 years.
The most recent example is Apartment 10, The Academy, Holly Street, Luton, LU1 3DD, a Leasehold flat which sold for £165,000 in Dec 2023.
Read more about house prices in LU1.
Farley Hill, Luton, LU1 has a total of 240 addresses. According to our analysis of all the public data, Flat 3, 4, Farley Hill, Luton is the 188th largest and the 186th most expensive property on the street.
When compared to the postcode district it is £98k less expensive than the average property in LU1.
Flat 3, 4, Farley Hill, Luton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Mar 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 3, 4, Farley Hill, Luton is Luton station which is 1.2 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 Flat 3, 4, Farley Hill, Luton, 39.4% of property is privately rented and 23.9% 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 Flat 3, 4, Farley Hill, Luton, 27.6% of residents are recorded as possessing school level qualifications and 33.2% 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 Flat 3, 4, Farley Hill, 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 Flat 3, 4, Farley Hill, 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 Flat 3, 4, Farley Hill, Luton, there are an average of 1.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.