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According to the public record, 22, Falks Hill, Luton is a modern leasehold house with 753 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 22, Falks Hill, Luton is £289,169 and the estimated rental value is £1,400 per month.
Falks Hill, Luton, LU2 is located within the LU2 postal district.
22, Falks Hill, Luton has 3 entries in the Land Registry , most recently in May 2024 and a single entry in the EPC database dated February 2024.
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 22, Falks Hill, Luton is in very good condition we estimate a sale value of £303,627 and a rental value of £1,470 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £268,927 and a rental value of £1,302 per month.
Over the last 12 months the sale value of 22 Falks Hill Luton has increased by an estimated £3,566 (1.2%) and its rental value has increased by an estimated £28 per month (2.0%), giving an expected gross yield of 5.8%.
22, Falks Hill, Luton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Feb 2024.
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, 22, Falks Hill, Luton was last sold on 17th May 2024 for £283,500 and was recorded as a leasehold house.
The property has had 3 sales since 1995.
Since May 2024, the market for similar properties has risen 15.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 22, Falks Hill, Luton within a radius of 430 metres over the last 2 years.
The most recent example is 25, Falks Hill, Luton, LU2 0FN, a leasehold house which sold for £270,000 on the 26th August 2022.
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, 22, Falks Hill, Luton is the 43rd largest and the 43rd most expensive property on the street.
When compared to the postcode district it is £37k less expensive than the average property in LU2.
The closest station to 22, 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 22, 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 22, 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 22, 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 22, 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 22, 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.
