1, Meadow Way
1, Meadow Way
Description & Estimates
1, Meadow Way, Luton is recorded publicly as an early-century freehold house across 990 ft2 of internal area, sitting on a 220 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 1, Meadow Way, Luton is £410,898 and its rental estimate is £1,723 per month, given the available information and assuming reasonable condition.
Meadow Way, Caddington, Luton, LU1 falls within the LU1 postal district.
Our Data Sources
1, Meadow Way, Luton has 21 entries in the Land Registry , most recently in November 2015 and a single entry in the EPC database dated July 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Meadow Way, Luton, we estimate a market value of £431,443 and a rental value of £1,810 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £382,135 and £1,603 per month respectively.
Recent Market Change
Over the last year, 1, Meadow Way, Luton has seen its estimated sale value rise by £2,799 (0.7%) and its estimated rental value move up by £38 per month (2.2%). This results in an estimated gross rental yield of 5.0%.
Plot Size
HM Land Registry records the plot of land for 1, Meadow Way, Luton as measuring 220 m2.
That makes it the 4th largest plot in the postcode, where 7 of the 12 other houses have recorded plot data.
Energy Efficiency
1, Meadow Way, Luton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Jul 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 1, Meadow Way, Luton completed on 4th November 2015 at £387,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 5.3% over the period since November 2015.
- Sold Nov 2015£387,500
- Sold Feb 1999£80,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, Meadow Way, Luton have sold within a radius of 1.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st November 2024, was 2, Heathfield Close, Luton, LU1 4HB, a freehold house which sold for £410,000.
Read more about house prices in LU1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 12 addresses on Meadow Way, Caddington, Luton, LU1, 1, Meadow Way, Luton comes out as the 5th largest and the 3rd most expensive in our analysis of the public data.
It is also £139k more expensive than the average property across the LU1 district.
More reading links
Schools Nearby
- 400mCaddington Village School
- 1.3kmSt Margaret of Scotland Catholic Primary School
- 1.5kmWhipperley Infant Academy
- 1.4kmThe Stockwood Park Academy
- 3.0kmManshead Church of England Academy
- 3.3kmChallney High School for Boys
More reading links
Public Transport Nearby
From 1, Meadow Way, Luton, the nearest station is Luton, 3.3 kilometres away.
- 3.3kmLuton
- 4.1kmLuton Airport Parkway
- 4.3kmLeagrave
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
