Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Connect me with
an Estate Agent
Our partner Agents appear here!
Book a demo
Find an Estate
Agent
According to the public record, 2, Falks Hill, Luton is a leasehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,209 ft2 of internal area 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 2, Falks Hill, Luton is £381,045 and the estimated rental value is £1,668 per month.
Falks Hill, Luton, LU2 is located within the LU2 postal district.
2, Falks Hill, Luton has a single entry in the Land Registry from March 2012 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.
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 2, Falks Hill, Luton is in very good condition we estimate a sale value of £400,097 and a rental value of £1,751 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £354,372 and a rental value of £1,551 per month.
Over the last 12 months the sale value of 2 Falks Hill Luton has increased by an estimated £1,578 (0.4%) and its rental value has increased by an estimated £20 per month (1.2%), giving an expected gross yield of 5.3%.
According to HM Land Registry, 2, Falks Hill, Luton was last sold on 23rd March 2012 for £199,950 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since March 2012, the market for similar properties has risen 120.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Falks Hill, Luton within a radius of 440 metres over the last 2 years.
The most recent example is 103, Pomfret Avenue, Luton, LU2 0JJ, a freehold house which sold for £275,000 on the 11th January 2023.
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, 2, Falks Hill, Luton is the largest and the most expensive property on the street.
When compared to the postcode district it is £55k more expensive than the average property in LU2.
The closest station to 2, 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 2, 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 2, 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 2, 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 2, 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 2, 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.
