22 Farley Lodge, Luton
22 Farley Lodge, Luton
Description & Estimates
According to the public record, 22 Farley Lodge, Luton is a mid-century leasehold apartment with 409 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 22 Farley Lodge, Luton is £86,428 and the estimated rental value is £621 per month.
The apartment is within Farley Lodge, Ruthin Close, Luton, LU1.
Ruthin Close, Luton, LU1 is located within the LU1 postal district.
Our Data Sources
22 Farley Lodge, Luton has 41 entries in the Land Registry , most recently in May 2013 and a single entry in the EPC database dated August 2020.
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.
Price Range & Condition
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 Farley Lodge, Luton is in very good condition we estimate a sale value of £90,750 and a rental value of £652 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £80,378 and a rental value of £577 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 22 Farley Lodge, Luton has climbed by £499 (0.6%), while its estimated rental value has risen by £15 per month (2.4%). Based on current estimates, the property offers a gross rental yield of 8.6%.
Energy Efficiency
22 Farley Lodge, Luton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Aug 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 22 Farley Lodge, Luton was last sold on 30th May 2013 for £35,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since May 2013, the market for similar properties has risen by 75.9%.
- Sold May 2013£35,000
- Sold Aug 2012£33,500
- Sold Dec 1999£16,250
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 22 Farley Lodge, Luton within a radius of 390 metres over the last 2 years.
The most recent example is 7 Farley Lodge, Ruthin Close, Luton, LU1 5EN, a leasehold flat which sold for £58,000 on the 20th July 2016.
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
Ruthin Close, Luton, LU1 has a total of 76 addresses. According to our analysis of all the public data, 22 Farley Lodge, Luton is the 20th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £185k less expensive than the average property in LU1.
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Schools Nearby
- 300mHillborough Junior School
- 300mHillborough Infant and Nursery School
- 400mTennyson Road Primary School
- 1.1kmThe Stockwood Park Academy
- 1.4kmChiltern Academy
- 2.2kmDenbigh High School
More reading links
Public Transport Nearby
The closest station to 22 Farley Lodge, Luton is Luton station, which is 1.2 kilometres away.
- 1.2kmLuton
- 1.7kmLuton Airport Parkway
- 4.5kmLeagrave
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
