26 Farley Lodge, Luton
26 Farley Lodge, Luton
Description & Estimates
According to the public record, 26 Farley Lodge, Luton is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 431 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 26 Farley Lodge, Luton is £88,732 and the estimated rental value is £635 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
26 Farley Lodge, Luton has 31 entries in the Land Registry , most recently in July 2007 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.
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 26 Farley Lodge, Luton is in very good condition we estimate a sale value of £93,169 and a rental value of £667 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £82,521 and a rental value of £591 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 26 Farley Lodge, Luton has risen by £513 (0.6%), while its estimated rental value has moved up by £15 per month (2.4%). Based on current estimates, the property offers a gross rental yield of 8.6%.
Sold Prices
According to HM Land Registry, 26 Farley Lodge, Luton was last sold on 31st July 2007 for £53,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since July 2007, the market for similar properties has risen by 44.6%.
- Sold Jul 2007£53,000
- Sold Jun 1997£14,000
- Sold Aug 1996£11,500
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 26 Farley Lodge, Luton within a radius of 390 metres over the last 2 years.
The most recent example is 49 Farley Lodge, Ruthin Close, Luton, LU1 5EN, a leasehold flat which sold for £52,500 on the 21st August 2014.
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, 26 Farley Lodge, Luton is the 19th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £183k 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 26 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.
