15, Millfield Way
15, Millfield Way
Description & Estimates
Public records show 15, Millfield Way, Luton to be a mid-century freehold house with 925 ft2 of internal area, sitting on a 176 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
15, Millfield Way, Luton has an estimated sale value of £351,976 and an estimated rental value of £1,623 per month, assuming reasonable condition and based on the information available.
Millfield Way, Caddington, Luton, LU1 lies within the LU1 postal district.
Our Data Sources
15, Millfield Way, Luton has 21 entries in the Land Registry , most recently in April 2024 and a single entry in the EPC database dated November 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 15, Millfield Way, Luton would be worth £369,575, with a potential rental value of £1,704 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £327,338, with a rental value of £1,509 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 15, Millfield Way, Luton has risen by £2,397 (0.7%) over the last year. During the same period, its estimated monthly rental value has moved up by £36 (2.2%). The property's estimated gross yield is currently 5.5%.
Plot Size
15, Millfield Way, Luton occupies a 176 m2 plot as recorded by HM Land Registry.
Of the 31 other houses in this postcode, 18 have recorded plot sizes, and this one ranks as the 15th largest.
Energy Efficiency
15, Millfield Way, Luton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Nov 2023.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
15, Millfield Way, Luton last changed hands on 26th April 2024, selling for £360,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 26.1% since April 2024.
- Sold Apr 2024£360,000
- Sold Nov 2002£180,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.9 kilometres of 15, Millfield Way, Luton across the last 2 years.
Most recently, 86, Elm Avenue, Luton, LU1 4HT, a freehold house, sold at £360,000 on the 27th September 2024.
Read more about house prices in LU1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 15, Millfield Way, Luton as the 11th largest and the 16th most expensive of the 31 addresses on Millfield Way, Caddington, Luton, LU1.
Against the LU1 postcode district average, it is £80k more expensive than the typical property.
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Schools Nearby
- 1.0kmCaddington Village School
- 2.1kmSt Margaret of Scotland Catholic Primary School
- 2.1kmSlip End Village School
- 2.2kmThe Stockwood Park Academy
- 2.8kmManshead Church of England Academy
- 3.9kmChallney High School for Boys
More reading links
Public Transport Nearby
Luton station is the nearest stop to 15, Millfield Way, Luton at 4.2 kilometres away.
- 4.2kmLuton
- 4.8kmLuton Airport Parkway
- 5.0kmLeagrave
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
