Skylark Vale, Mercia Lane - LU1 4GN
Key Building Insights
Skylark Vale, Mercia Lane is a residential building situated on Mercia Lane, Caddington, Luton, LU1 with 6 addresses.
It ranks as the 922nd largest and 865th most expensive of the 1,221 buildings in the LU1 area.
The building contains a total of 6 properties: 6 flats.
- Ave. Sale Price
- £154,482
- 10 Year change
- up 6.3%
- Ave. Rental Price
- £986pcm
- 10 Year change
- up 30.0%
- Ave. £ per ft²
- £232/ft²
- Ave. Gross Yield
- 7.7%/year/yr
Key Building Insights
Skylark Vale, Mercia Lane is a residential building situated on Mercia Lane, Caddington, Luton, LU1 with 6 addresses.
It ranks as the 922nd largest and 865th most expensive of the 1,221 buildings in the LU1 area.
The building contains a total of 6 properties: 6 flats.
- Ave. Sale Price
- £154,482
- 10 Year change
- up 6.3%
- Ave. Rental Price
- £986pcm
- 10 Year change
- up 30.0%
- Ave. £ per ft²
- £232/ft²
- Ave. Gross Yield
- 7.7%/year/yr
Explore Propertieson Mercia Lane, Caddington, Luton, LU1
- 1 Skylark Vale Mercia Lane
Unknown
- 2 Skylark Vale Mercia Lane
2 Bed Flat
- 3 Skylark Vale Mercia Lane
2 Bed Flat
- 4 Skylark Vale Mercia Lane
Unknown
- 5 Skylark Vale Mercia Lane
2 Bed Flat
Sales Market Trends
The last sale in Skylark Vale, Mercia Lane sold for £551,000 on 30th July 2024. Since then prices are down an average of 1.8%.
The current average value in the building is £154,482.
The Skylark Vale, Mercia Lane Sales Market has increased by 6.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2% | £154,482 |
| June 2025 | 0.5% | £157,660 |
| June 2024 | -0.2% | £156,948 |
| June 2023 | -1% | £157,295 |
| June 2022 | 4.8% | £158,827 |
| June 2021 | 2.2% | £151,536 |
| June 2020 | 3.2% | £148,245 |
| June 2019 | -6.1% | £143,599 |
| June 2018 | -0.1% | £152,907 |
| June 2017 | 5.3% | £153,057 |
| June 2016 | 23.5% | £145,298 |
| June 2015 | 10.8% | £117,621 |
| June 2014 | 5.6% | £106,157 |
| June 2013 | 3.6% | £100,515 |
| June 2012 | -0.2% | £97,016 |
| June 2011 | 1.8% | £97,249 |
| June 2010 | 4.6% | £95,553 |
| June 2009 | -18% | £91,343 |
| June 2008 | -6% | £111,459 |
| June 2007 | 0% | £118,558 |
Rental Market Trends
The current average rental value in the building is £986.
The Skylark Vale, Mercia Lane Rental Market has increased by 30.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1% | £986pcm |
| June 2025 | 0.1% | £977pcm |
| June 2024 | 7.1% | £976pcm |
| June 2023 | 16.6% | £911pcm |
| June 2022 | 5.6% | £781pcm |
| June 2021 | 0.7% | £739pcm |
| June 2020 | -1% | £734pcm |
| June 2019 | 0.5% | £742pcm |
| June 2018 | -4.2% | £738pcm |
| June 2017 | 1.5% | £770pcm |
| June 2016 | 6.9% | £759pcm |
| June 2015 | 9.6% | £710pcm |
| June 2014 | 3.6% | £648pcm |
| June 2013 | 0.5% | £625pcm |
| June 2012 | 0.6% | £622pcm |
| June 2011 | 4.3% | £619pcm |
| June 2010 | 1.3% | £593pcm |
| June 2009 | -8.8% | £585pcm |
| June 2008 | -0.9% | £642pcm |
| June 2007 | 0% | £648pcm |
Sales History
The last sale was on 30th July 2024 for £551,000 and since then the market in the area has decreased by 1.8%. The building has had a total of 3 sales since 1995.
Skylark Vale, Mercia Lane, Caddington, Luton, LU1 4GN has seen 3 sales in the last three years and no sales in the last twelve months.
- Sold Jul 2024£551,000 | 2 Bed Flat5 Skylark Vale, Mercia Lane, Luton, LU1 4GN5 Skylark Vale, Mercia Lane, Luton, LU1 4GN
- Sold Jul 2024£594,000 | 2 Bed Flat2 Skylark Vale, Mercia Lane, Luton, LU1 4GN2 Skylark Vale, Mercia Lane, Luton, LU1 4GN
- Sold Dec 2023£678,000 | 2 Bed Flat3 Skylark Vale, Mercia Lane, Luton, LU1 4GN3 Skylark Vale, Mercia Lane, Luton, LU1 4GN
Property Types
- 3 flats of an unknown age
- 3 other addresses of unknown type
- flat (3)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 0 properties.
- The most common rating is no_epc_ratings.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (6)
Top 3 Most Expensive Sales
- Sold Dec 2023£678,000 | 2 Bed Flat3 Skylark Vale, Mercia Lane, Luton, LU1 4GN3 Skylark Vale, Mercia Lane, Luton, LU1 4GN
- Sold Jul 2024£594,000 | 2 Bed Flat2 Skylark Vale, Mercia Lane, Luton, LU1 4GN2 Skylark Vale, Mercia Lane, Luton, LU1 4GN
- Sold Jul 2024£551,000 | 2 Bed Flat5 Skylark Vale, Mercia Lane, Luton, LU1 4GN5 Skylark Vale, Mercia Lane, Luton, LU1 4GN
Schools Nearby
- St Margaret of Scotland Catholic Primary School600 m away
- Farley Junior Academy800 m away
- Hillborough Junior School1.0 km away
- The Stockwood Park Academy300 m away
- Chiltern Academy2.4 km away
- Denbigh High School2.9 km away
More reading links
Public Transport Nearby
The closest station to Skylark Vale, Mercia Lane, Caddington, Luton, LU1 4GN is Luton station, which is 2.3 kilometres away.
- Luton|2.3 km away
- Luton Airport Parkway|2.8 km away
- Leagrave|4.6 km away
- Harpenden|8.1 km away