10 Farley Lodge, Luton
10 Farley Lodge, Luton
Description & Estimates
10 Farley Lodge, Luton appears in the public record as a leasehold apartment.
We estimate it to be a mid-century apartment with 436 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 10 Farley Lodge, Luton is £88,515 and its rental estimate is £633 per month, given the available information and assuming reasonable condition.
Farley Lodge, Ruthin Close is a residential building on Ruthin Close, Luton, LU1 and falls within the LU1 postal district.
Our Data Sources
10 Farley Lodge, Luton has 31 entries in the Land Registry , most recently in November 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 10 Farley Lodge, Luton, we estimate a market value of £92,940 and a rental value of £665 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £82,319 and £589 per month respectively.
Recent Market Change
Over the last year, 10 Farley Lodge, Luton has seen its estimated sale value rise by £511 (0.6%) and its estimated rental value move up by £15 per month (2.4%). This results in an estimated gross rental yield of 8.6%.
Sold Prices
The most recent sale of 10 Farley Lodge, Luton completed on 16th November 2007 at £54,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 43.8% over the period since November 2007.
- Sold Nov 2007£54,000
- Sold Apr 2007£45,500
- Sold Sep 2003£51,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 10 Farley Lodge, Luton have sold within a radius of 390 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st August 2014, was 49 Farley Lodge, Ruthin Close, Luton, LU1 5EN, a leasehold flat which sold for £52,500.
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 76 addresses on Ruthin Close, Luton, LU1, 10 Farley Lodge, Luton comes out as the 18th largest and the 19th most expensive in our analysis of the public data.
It is also £183k less expensive than the average property across the LU1 district.
More reading links
Schools Nearby
- 300mHillborough Junior School
- 300mHillborough Infant and Nursery School
- 400mTennyson Road Primary School
- 1.1kmThe Stockwood Park Academy
- 1.4kmChiltern Academy
- 2.2kmDenbigh High School
More reading links
Public Transport Nearby
From 10 Farley Lodge, Luton, the nearest station is Luton, 1.2 kilometres away.
- 1.2kmLuton
- 1.7kmLuton Airport Parkway
- 4.5kmLeagrave
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.
