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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, 2, Ramridge Close, Luton is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,029 ft2 of internal area and sits on a 219 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Ramridge Close, Luton is £312,175 and the estimated rental value is £1,465 per month.
Ramridge Close, Luton, LU2 is located within the LU2 postal district.
2, Ramridge Close, Luton has a single entry in the Land Registry from February 2015 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, Ramridge Close, Luton is in very good condition we estimate a sale value of £327,784 and a rental value of £1,539 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £290,323 and a rental value of £1,363 per month.
Over the last 12 months the sale value of 2 Ramridge Close Luton has increased by an estimated £3,850 (1.2%) and its rental value has increased by an estimated £29 per month (2.0%), giving an expected gross yield of 5.6%.
According to data from HM Land Registry, 2, Ramridge Close, Luton sits on a plot of 219m2.
We have plot size data on 3 out of 3 other houses in the postcode and 2, Ramridge Close, Luton sits on the 3rd largest plot.
According to HM Land Registry, 2, Ramridge Close, Luton was last sold on 10th February 2015 for £230,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since February 2015, the market for similar properties has risen 75.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Ramridge Close, Luton within a radius of 480 metres over the last 2 years.
The most recent example is 21, Kynance Close, Luton, LU2 9DN, a freehold house which sold for £360,000 on the 15th November 2024.
Read more about house prices in LU2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ramridge Close, Luton, LU2 has a total of 3 addresses. According to our analysis of all the public data, 2, Ramridge Close, Luton is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £14k less expensive than the average property in LU2.
The closest station to 2, Ramridge Close, Luton is Luton station which is 1.5 kilometres away.
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, Ramridge Close, Luton, 36.3% of property is privately owned with a mortgage and 29.3% is privately rented.
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, Ramridge Close, Luton, 29.5% of residents are recorded as possessing school level qualifications and 32.0% 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, Ramridge Close, Luton, the average age was 38.4 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 2, Ramridge Close, Luton, 1.3% 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, Ramridge Close, Luton, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
