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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 12, Raynham Way, Luton is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,099 ft2 of internal area and sits on a 327 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 12, Raynham Way, Luton is £418,004 and the estimated rental value is £1,646 per month.
Raynham Way, Luton, LU2 is located within the LU2 postal district.
12, Raynham Way, Luton has 31 entries in the Land Registry , most recently in January 2008 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 3 out of 5 and is considered of medium accuracy.
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 12, Raynham Way, Luton is in very good condition we estimate a sale value of £438,905 and a rental value of £1,729 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £388,744 and a rental value of £1,531 per month.
Over the last 12 months the sale value of 12 Raynham Way Luton has increased by an estimated £1,731 (0.4%) and its rental value has increased by an estimated £20 per month (1.2%), giving an expected gross yield of 4.7%.
According to data from HM Land Registry, 12, Raynham Way, Luton sits on a plot of 327m2.
We have plot size data on 29 out of 29 other houses in the postcode and 12, Raynham Way, Luton sits on the 3rd largest plot.
According to HM Land Registry, 12, Raynham Way, Luton was last sold on 18th January 2008 for £249,995 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since January 2008, the market for similar properties has risen 77.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Raynham Way, Luton within a radius of 600 metres over the last 2 years.
The most recent example is 25, Higham Drive, Luton, LU2 9SP, a freehold house which sold for £392,000 on the 7th June 2022.
Read more about house prices in LU2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Raynham Way, Luton, LU2 has a total of 29 addresses. According to our analysis of all the public data, 12, Raynham Way, Luton is the 2nd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £92k more expensive than the average property in LU2.
The closest station to 12, Raynham Way, Luton is Luton Airport Parkway station which is 2.1 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
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 12, Raynham Way, Luton, 42.4% of property is privately owned outright and 33.1% is privately owned with a mortgage.
The graph below shows how this compares to East of England 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 12, Raynham Way, Luton, 16.6% of residents are recorded as possessing school level qualifications and 27.4% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 12, Raynham Way, Luton, the average age was 38.5 and the most common age was 37.
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 12, Raynham Way, Luton, 0.0% 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 12, Raynham Way, Luton, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
