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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
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According to the public record, 4, Cades Lane, Luton is a mid-century freehold house with 914 ft2 of internal area and sits on a 264 m2 plot.
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 4, Cades Lane, Luton is £351,927 and the estimated rental value is £1,643 per month.
Cades Lane, Luton, LU1 is located within the LU1 postal district.
4, Cades Lane, Luton has a single entry in the Land Registry from July 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 2 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 4, Cades Lane, Luton is in very good condition we estimate a sale value of £369,523 and a rental value of £1,725 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £327,292 and a rental value of £1,528 per month.
Over the last 12 months the sale value of 4 Cades Lane Luton has increased by an estimated £2,397 (0.7%) and its rental value has increased by an estimated £37 per month (2.2%), giving an expected gross yield of 5.6%.
According to data from HM Land Registry, 4, Cades Lane, Luton sits on a plot of 264m2.
We have plot size data on 4 out of 4 other houses in the postcode and 4, Cades Lane, Luton sits on the 2nd largest plot.
4, Cades Lane, Luton has an Energy Performance Rating (EPC) of D. 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, 4, Cades Lane, Luton was last sold on 1st July 2024 for £355,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2024, the market for similar properties has dropped 8.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Cades Lane, Luton within a radius of 690 metres over the last 2 years.
The most recent example is 23, Cades Close, Luton, LU1 5QQ, a freehold house which sold for £370,000 on the 13th December 2022.
Read more about house prices in LU1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cades Lane, Luton, LU1 has a total of 4 addresses. According to our analysis of all the public data, 4, Cades Lane, Luton is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £80k more expensive than the average property in LU1.
The closest station to 4, Cades Lane, Luton is Luton station which is 2.0 kilometres away.
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 4, Cades Lane, Luton, 39.6% of property is privately owned with a mortgage and 22.1% is socially 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 4, Cades Lane, Luton, 32.1% of residents are recorded as possessing school level qualifications and 28.2% 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 4, Cades Lane, 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 4, Cades Lane, 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 4, Cades Lane, Luton, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
