42, Magpie Meadows
42, Magpie Meadows
Description & Estimates
Public records show 42, Magpie Meadows, Luton to be a modern freehold house with 2,012 ft2 of internal area, sitting on a 451 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
42, Magpie Meadows, Luton has an estimated sale value of £744,475 and an estimated rental value of £2,878 per month, assuming reasonable condition and based on the information available.
Magpie Meadows, Caddington, Luton, LU1 lies within the LU1 postal district.
Our Data Sources
42, Magpie Meadows, Luton has a single entry in the Land Registry from June 2021 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
In very good condition, we estimate 42, Magpie Meadows, Luton would be worth £781,699, with a potential rental value of £3,021 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £692,362, with a rental value of £2,676 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 42, Magpie Meadows, Luton has decreased by £6,867 (0.9%) over the last year. During the same period, its estimated monthly rental value has grown by £23 (0.8%). The property's estimated gross yield is currently 4.6%.
Plot Size
42, Magpie Meadows, Luton occupies a 451 m2 plot as recorded by HM Land Registry.
All 49 other houses in this postcode have recorded plot sizes, and this one ranks as the 13th largest.
Energy Efficiency
42, Magpie Meadows, Luton has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Aug 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
42, Magpie Meadows, Luton last changed hands on 4th June 2021, selling for £725,950. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 28.2% since June 2021.
- Sold Jun 2021£725,950
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.1 kilometres of 42, Magpie Meadows, Luton across the last 2 years.
Most recently, 29, Magpie Meadows, Luton, LU1 4FU, a freehold house, sold at £735,950 on the 29th June 2021.
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
Our analysis of the public data ranks 42, Magpie Meadows, Luton as the largest and the 4th most expensive of the 49 addresses on Magpie Meadows, Caddington, Luton, LU1.
Against the LU1 postcode district average, it is £473k more expensive than the typical property.
More reading links
Schools Nearby
- 1.2kmDownside Primary School
- 1.2kmFoxdell Primary School
- 1.7kmWhipperley Infant Academy
- 1.6kmChallney High School for Boys
- 2.0kmChallney High School for Girls
- 2.3kmThe Stockwood Park Academy
More reading links
Public Transport Nearby
Leagrave station is the nearest stop to 42, Magpie Meadows, Luton at 2.7 kilometres away.
- 2.7kmLeagrave
- 3.4kmLuton
- 4.7kmLuton Airport Parkway
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
