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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
31, Magpie Meadows, Luton is recorded publicly as a modern freehold house across 1,883 ft2 of internal area, sitting on a 392 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 31, Magpie Meadows, Luton is £723,288 and its rental estimate is £2,796 per month, given the available information and assuming reasonable condition.
Magpie Meadows, Caddington, Luton, LU1 falls within the LU1 postal district.
31, Magpie Meadows, Luton has a single entry in the Land Registry from June 2021 and a single entry in the EPC database dated April 2021.
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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 31, Magpie Meadows, Luton, we estimate a market value of £759,452 and a rental value of £2,935 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £672,658 and £2,600 per month respectively.
Over the last year, 31, Magpie Meadows, Luton has seen its estimated sale value fall by £6,671 (0.9%) and its estimated rental value move up by £22 per month (0.8%). This results in an estimated gross rental yield of 4.6%.
HM Land Registry records the plot of land for 31, Magpie Meadows, Luton as measuring 392 m2.
That makes it the 20th largest plot in the postcode, where all 49 other houses have recorded plot data.
31, Magpie Meadows, Luton has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 Apr 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 31, Magpie Meadows, Luton completed on 11th June 2021 at £685,950 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 28.2% over the period since June 2021.
Over the past 2 years 3 properties similar to 31, Magpie Meadows, Luton have sold within a radius of 1.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th August 2021, was 39, Magpie Meadows, Luton, LU1 4FU, a freehold house which sold for £727,950.
Read more about house prices in LU1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 49 addresses on Magpie Meadows, Caddington, Luton, LU1, 31, Magpie Meadows, Luton comes out as the 11th largest and the 10th most expensive in our analysis of the public data.
It is also £452k more expensive than the average property across the LU1 district.
From 31, Magpie Meadows, Luton, the nearest station is Leagrave, 2.7 kilometres away.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 31, Magpie Meadows, Luton, % of property is and % is .
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 31, Magpie Meadows, Luton, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 31, Magpie Meadows, 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 31, Magpie Meadows, Luton, there are an average of 0.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
