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Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 294, Whipperley Ring, Luton is £127,731 and the estimated rental value is £788 per month.
Whipperley Ring, Luton, LU1 is located within the LU1 postal district.
294, Whipperley Ring, Luton has 31 entries in the Land Registry , most recently in November 2018 and a single entry in the EPC database dated June 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 294, Whipperley Ring, Luton is in very good condition we estimate a sale value of £134,117 and a rental value of £827 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £118,790 and a rental value of £733 per month.
Over the last 12 months the sale value of 294 Whipperley Ring Luton has increased by an estimated £3,101 (2.4%) and its rental value has increased by an estimated £23 per month (2.9%), giving an expected gross yield of 7.4%.
294, Whipperley Ring, Luton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Jun 2018.
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, 294, Whipperley Ring, Luton was last sold on 5th November 2018 for £122,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since November 2018, the market for similar properties has dropped 10.4%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 580 metres radius of 294, Whipperley Ring, Luton over the last 2 years.
The most recent example is 303, Whipperley Ring, Luton, LU1 5RA, a leasehold flat which sold for £156,000 on the 11th May 2022.
Read more about house prices in LU1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Whipperley Ring, Luton, LU1 has a total of 243 addresses. According to our analysis of all the public data, 294, Whipperley Ring, Luton is the 238th largest and the 243rd most expensive property on the street.
When compared to the postcode district it is £145k less expensive than the average property in LU1.
The closest station to 294, Whipperley Ring, Luton is Luton station which is 1.8 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 294, Whipperley Ring, Luton, 70.6% of property is socially rented and 15.0% 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 294, Whipperley Ring, Luton, 18.6% of residents are recorded as possessing school level qualifications and 17.7% 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 294, Whipperley Ring, Luton, the average age was 34.4 and the most common age was 12.
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 294, Whipperley Ring, Luton, 0.0% 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 294, Whipperley Ring, Luton, there are an average of 0.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.