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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, 16, Falks Hill, Luton is a modern leasehold house with 893 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 16, Falks Hill, Luton is £321,051 and the estimated rental value is £1,501 per month.
Falks Hill, Luton, LU2 is located within the LU2 postal district.
16, Falks Hill, Luton has 2 entries in the Land Registry , most recently in January 2023 and a single entry in the EPC database dated June 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 16, Falks Hill, Luton is in very good condition we estimate a sale value of £337,103 and a rental value of £1,576 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £298,577 and a rental value of £1,396 per month.
Over the last 12 months the sale value of 16 Falks Hill Luton has increased by an estimated £3,959 (1.2%) and its rental value has increased by an estimated £30 per month (2.0%), giving an expected gross yield of 5.6%.
16, Falks Hill, Luton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Jun 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 16, Falks Hill, Luton was last sold on 23rd January 2023 for £325,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since January 2023, the market for similar properties has risen 12.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Falks Hill, Luton within a radius of 440 metres over the last 2 years.
The most recent example is 17, Falks Hill, Luton, LU2 0FN, a leasehold house which sold for £318,000 on the 28th June 2024.
Read more about house prices in LU2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Falks Hill, Luton, LU2 has a total of 62 addresses. According to our analysis of all the public data, 16, Falks Hill, Luton is the 22nd largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £5k less expensive than the average property in LU2.
The closest station to 16, Falks Hill, Luton is Luton station which is 700 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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 16, Falks Hill, Luton, 43.5% of property is socially rented and 20.4% 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 16, Falks Hill, Luton, 20.6% of residents are recorded as possessing school level qualifications and 31.4% 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 16, Falks Hill, Luton, the average age was 35.7 and the most common age was 32.
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 16, Falks Hill, Luton, 0.3% 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 16, Falks Hill, Luton, there are an average of 0.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
